“I felt like I was flying blind in a $20M organization with 400 souls.”
That’s how Steve felt when he stepped in as CEO of CommunityAid.
The nonprofit is dedicated to creating lasting community impact, but Steve was struggling to make sense of its financials.
Despite their positive work, the organization faced an uncertain future.
Steve found himself overwhelmed, unsure if they could make payroll. With hundreds of employees and other nonprofits depending on CommunityAid, the stakes were high.
Steve turned to TurboExecs to find the clarity he needed. Our team helped CommunityAid identify the right metrics, understand the story behind the numbers, and chart a clear path forward.
The result?
A dramatic turnaround from financial uncertainty to a regular EBITDA of 28-29%!
Now, CommunityAid is not only sustainably supporting their employees but also confidently contributing 10% of their revenues to other nonprofits.
With clear financial insights, CommunityAid moved from “I don’t know if we’re going to make payroll” to “Look at our EBITDA.”
Here are a few simple-but-not-easy things from our work with CommunityAid that you can implement in your organization.
- Take baby steps.
- Control how many levers you’re pulling, and pay attention to the results of them.
- Create trusted relationships to make real progress and drive change.
Working with mission-driven companies is what we love the most.
We are privileged to help CommunityAid make a huge impact on their employees, customers, and the communities they serve. With the ripple effect that radiates out from their immediate actions, imagine what other positive impact will be created.
Cue the goosebumps.
If you’re a $2M+ professional services or nonprofit organization struggling to get the timely financial reports you need to function, call us.
TurboExecs gets things back on track and puts you in the driver’s seat with more management horsepower for your business.
Just like we did for CommunityAid.