The Nonprofit MBA Podcast with Stephen Halasnik

In this episode, Stephen Halasnik speaks with Dr. Adam Aponte about how nonprofits can manage cash-flow gaps, funding delays, and working-capital challenges in today's uncertain environment.

Change management in nonprofit strategy has become increasingly important as nonprofit leaders balance mission, funding uncertainty, and leadership transitions. In today's environment, that challenge is becoming far more complex. Funding can shift quickly, leadership transitions can happen unexpectedly, and external events can reshape priorities almost overnight. In this episode of the Nonprofit MBA Podcast, Stephen Halasnik, Co-Founder of Financing Solutions, speaks with Matt Glazer of Blue Sky Partners about one of the most important issues facing nonprofit organizations today: change management in nonprofit strategy. Glazer has led strategic planning efforts for more than 50 organizations and works with mission-driven groups on strategy, operations, leadership, and organizational development. Blue Sky Partners helps nonprofits and social impact organizations clarify vision, set priorities, and build practical roadmaps for growth and impact. The conversation highlights an increasingly clear reality in the nonprofit sector. A strategic plan is no longer enough if it sits on a shelf. In a world of funding interruptions, workforce strain, board turnover, and policy volatility, strategy must become a living process. That is where change management plays a critical role. This topic is especially timely because the nonprofit sector is facing real pressure. Data from the National Council of Nonprofits shows that nonprofits generate more than 80% of revenue from fees for services and government grants and contracts. At the same time, the 2025 Nonprofit Finance Fund survey found rising demand for services, increasing costs, and growing concern about future government funding.

Nonprofit financial management has become one of the most important challenges facing nonprofit leaders today. Economic uncertainty, changing donor priorities, and shifting government funding have made financial strategy more critical than ever. In this episode of the Nonprofit MBA Podcast, Stephen Halasnik speaks with Nick Jain, co-founder of Eagle Rock CFO Services, about how nonprofit financial management can improve through stronger budgeting, better bookkeeping, operational discipline, and measurable outcomes. Below is a summary of their conversation, followed by the full podcast transcript. In an era of political shifts, economic whiplash, and tightening donor priorities, America's nonprofits find themselves navigating a new and unsettled terrain. For decades, the sector has been a quiet giant—employing roughly one in five American workers before 2025, powering food banks, religious institutions, arts organizations, veterans' groups, and thousands of other mission-driven enterprises. But what happens when funding priorities change? When donors redirect their giving? When government support ebbs in one region and expands in another? On a recent episode of the Nonprofit MBA Podcast, Stephen Halasnik, co-founder of Financing Solutions (a leading provider of nonprofit lines of credit), sat down with Nick Jain, co-founder of Eagle Rock CFO Services, to explore a question weighing heavily on nonprofit leaders: How can nonprofits manage their finances better—especially in uncertain times? Their conversation revealed something both sobering and hopeful. The nonprofit sector, Jane argues, is neither fragile nor immune to change. It is enduring—but only if leaders run it with discipline.

The Quiet Revolution Reshaping Charitable Giving In recent years, one of the most powerful forces shaping philanthropy hasn't come from a new fundraising platform or viral campaign—it's come from an investment account. Donor-Advised Funds (DAFs), once the domain of the ultra-wealthy, are now a mainstream tool for charitable giving. For nonprofits, understanding and integrating a DAF strategy is no longer optional—it's essential. According to the National Philanthropic Trust's 2024 DAF Report, assets in donor-advised funds have surpassed $230 billion in the United States, with annual grantmaking exceeding $50 billion. These numbers represent a 30% increase in just five years, signaling a major shift in how Americans prefer to give. For nonprofits that fail to adapt, this change could mean missing out on the next generation of major donors.

In today's unpredictable landscape, nonprofit organizations face both unprecedented opportunities and complex challenges. Economic shifts, global crises, and cultural changes have altered the way people give. Yet at the heart of this transformation lies a timeless truth: donors want to feel connected to a cause. That means nonprofit leaders must adapt—by weaving data, storytelling, and human connection into every aspect of fundraising. Stephen Halasnik, co-founder of Financing Solutions, sat down with Tim Sarrantonio of Neon One, a leading nonprofit software company, to explore the future of fundraising. Their conversation revealed that while technology can help organizations thrive, it is ultimately the human element—the story, the relationship, the personal connection—that drives long-term donor support.

Financial uncertainty has become the defining challenge for many churches and nonprofit organizations across the United States. With declining attendance, shrinking donations, and rising costs, thousands of religious institutions are questioning their long-term viability. On a recent episode of the Nonprofit MBA Podcast, host Stephen Halasnik, co-founder of Financing Solutions, sat down with Loren Richmond Jr., a pastor, chaplain, and consultant with more than 15 years of experience advising ministries and nonprofits through crisis. Their conversation sheds light on why so many faith-based organizations are struggling—and what practical steps can keep them afloat.

In today's nonprofit world, the difference between financial stability and constant budget anxiety often comes down to one deceptively simple practice: donor stewardship. While many organizations focus their energy on acquiring new supporters, the real growth engine lies in keeping the ones they already have. That's the message fundraising consultant Katherine Lacefield, founder of Just Because Consulting, shared on a recent episode of the Nonprofit MBA Podcast. With a background advising nonprofits across the globe, she's seen the same pattern again and again: groups that cultivate deep, consistent relationships with their donors—not just during campaigns, but year-round—are the ones that thrive. And surprisingly, she says, building those relationships doesn't require full-time effort. With the right approach, even one hour a week can make a measurable difference.

In a world where startup ventures are celebrated for their risk-taking, innovation, and scalability, the nonprofit sector often finds itself stifled by outdated funding models, rigid expectations, and chronic underinvestment. But what if we approached nonprofit funding with the same mindset we use to launch tech companies? What if we treated nonprofits not as charity cases, but as mission-driven startups with bold visions, entrepreneurial energy, and the potential to scale? In a recent episode of the Nonprofit MBA Podcast, host Stephen Halasnik of Financing Solutions sat down with Greg Harrell-Edge, nonprofit strategist and former Executive Director of the Harold Robinson Foundation, to explore this provocative question. Their conversation reveals a powerful reframing of how we view nonprofit organizations—and how transformative the sector could become if we embraced a startup-style funding philosophy.

Stephen Halasnik, Managing Partner of Financing Solutions (https://financingsolutionsnow.com/), a leading provider of lines of credit to nonprofits, sat down with Jon Nevett, President and CEO of Public Interest Registry (PIR), to discuss how nonprofit culture is critical to your success on the Nonprofit MBA Podcast.

In a world where monthly subscriptions have become second nature—from streaming music to meal kits—there's a quiet revolution unfolding in the nonprofit world. It's called sustainable giving, and it's not just a trend—it's a necessary evolution. On a recent episode of the Nonprofit MBA Podcast, Stephen Halasnik sat down with Dave Raley, founder of Imago Consulting and author of The Rise of Sustainable Giving, to explore how this movement is reshaping the future of charitable donations.

There's no doubt, many nonprofits are under intense stress and pressure following current Trump policies. Federal support is shifting. The donation boom of the COVID era is far behind us. And economic headwinds are picking up speed. Now, the big question is, how are nonprofits responding to the economic uncertainty? In today's podcast, Stephen Halasnik from Financing Solutions (https://financingsolutionsnow.com/) discusses how nonprofits are responding under the Trump administration.

Financial management might not be the most glamorous part of running a nonprofit, hence, many nonprofit leaders tend to overlook it. But it's one of the most critical. A lot of nonprofits struggle with sustainability, not because they lack purpose or passion, but because they do not pay attention to their financial health. Prioritizing nonprofit financial health means treating financial management as mission work. When you understand your numbers, you lead with purpose, plan with foresight, and serve your community with strength. In today's podcast, Brooke Lively from Cathedral Capital and Stephen Halasnik from Financing Solution (https://financingsolutionsnow.com/) discuss the numbers all nonprofits always need to pay attention to.

Marketing strategies for nonprofits don't have to be complicated or expensive. The key thing is to focus on clarity, consistency, and connection. Make sure your message is strong, use the right tools to amplify your voice, build relationships with media and supporters, and measure what matters. Most importantly, don't get caught up in trying to do everything at once. Choose one or two marketing strategies that align with your nonprofit's goals, and start there. In today's podcast, Leslie Smith from McCormick L.A. Public Relations and Stephen Halasnik from Financing Solutions (https://financingsolutionsnow.com/) discuss no-nonsense marketing strategies and public relations for nonprofits.