Episode 163: What a $15.6 Million Deficit Should Teach Every Nonprofit Board

A local utility company just posted a 15.6 million dollar deficit. Tosha Anderson breaks down what really happened at Kirkwood Electric and why she does not think fraud is the answer, even though everyone assumes it is. She unpacks the three real explanations behind a finance team gone quiet, the reports every nonprofit board should demand every month, and how to tell the difference between a capacity problem and a skill problem before it costs you millions.Follow Us Online 🌐 Website: ⁠⁠www.thecharitycfo.com⁠⁠ 📸 Instagram: @thecharitycfo 📘 Facebook:⁠⁠ /thecharitycfo⁠⁠ 💼 LinkedIn: ⁠⁠⁠ / the-charity-cfo⁠⁠ ⁠ 🎵 TikTok: @thecharitycfoJoin our newsletter: https://go.thecharitycfo.com/l/995872/2025-02-24/6ldn1Download The Charity CFO Financial Blueprint: https://go.thecharitycfo.com/financial-blueprint