The Nonprofit MBA Podcast with Stephen Halasnik

Stephen Halasnik
  • 4.9 (27)
  • NON-PROFIT
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The Nonprofit MBA Podcast's purpose is to provide new business insights and fresh creative ideas for Nonprofit Executive Directors and their teams that will help them improve their Nonprofit organizations. Hosted by Stephen Halasnik, Managing Partner at Financing Solutions. Stephen sits down with Nonprofit executives and discusses ways to fundraise, forecast, and even fix your organization for a larger impact. Financing Solutions is the leading provider of Lines of Credit to Nonprofits.

  1. 13H AGO

    The New Math of Doing Good: How Nonprofits Can Thrive in Uncertain Times - NonProfit MBA 9.1

    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.

    33 min

  2. JAN 30

    How We Grew Our Nonprofit to $30 million - NonProfit MBA 8.34

    In this episode of the Nonprofit MBA Podcast, host Stephen Halasnik speaks with Luke Mickelson, founder of Sleep in Heavenly Peace, about how a small garage-based Christmas project grew into a nearly $30 million nonprofit operating across the U.S. and beyond. Mickelson shares the key inflection points behind that growth, including realizing the scale of child bedlessness, transitioning to a formal nonprofit, leveraging a major media moment from Returning the Favor with Mike Rowe, and—most importantly—building the right governance structure, systems, and processes to sustain rapid expansion. The conversation explores why treating a nonprofit like a real business matters, how a "franchise-like" chapter model with a single EIN enabled scalable growth while preventing mission creep, and how COVID ultimately helped the organization slow down and professionalize operations. Mickelson also discusses the critical distinction between visionary founders and operational leaders, the necessity of investing in talent, and why long-term nonprofit success depends on strong leadership, clear roles, and disciplined execution of best practices.

    47 min

  3. JAN 28

    Your Nonprofit Staff: Building Your Strategic Asset - NonProfit MBA 8.33

    In this episode of the Nonprofit MBA Podcast, Stephen Halasnik sits down with nonprofit HR expert Allison Wyatt, from Edgility Talent Partners, to explore why an organization's staff should be viewed not as an expense, but as a strategic asset. Wyatt explains how intentional hiring, clear role design, and ongoing staff development directly impact mission effectiveness, financial sustainability, and organizational culture. The conversation covers common nonprofit staffing mistakes, the hidden costs of turnover, and how leaders can better align people strategy with long-term goals—even with limited budgets. Together, they emphasize that nonprofits that invest thoughtfully in their people build stronger, more resilient organizations capable of greater impact.

    43 min

  4. JAN 16 · VIDEO

    How Nonprofits Can Survive Tough Grant Cycles and Reduce Staff Burnout - NonProfit MBA 8.32

    In this episode of the Nonprofit MBA Podcast, Stephen Halasnik talks with Michael Toguchi, Chief Strategy Officer at eResources, about how nonprofits can streamline grantmaking and donor programs to save time and reduce staff burnout in a tighter funding environment. They explore how recent economic and political shifts have made grants harder to secure, pushing organizations to apply for more funding with limited resources. Michael explains how combining strong internal processes with nonprofit-specific software can create efficient, repeatable workflows for grants and donor management, improve results, and protect organizations from staff turnover, ultimately freeing teams to focus more on their mission and impact.

    33 min

  5. 12/10/2025

    How Nonprofit Arts Organizations Evolve for Community Impact- NonProfit MBA 8.31

    In today's rapidly changing nonprofit landscape, nonprofit arts organizations are facing significant challenges. Traditional models of fundraising, ticket sales, and audience engagement no longer meet funder expectations. The conversation between Stephen Halasnik and Alan Harrison highlights a core shift taking place: arts organizations and community impact must now be directly connected. Organizations that can measure and demonstrate their impact are the ones best positioned to survive and thrive. Harrison's career spans more than 300 theater productions on and off Broadway. He is the author of the Scene Change series, which argues that arts nonprofits must rethink their missions, focus on outcomes, and demonstrate tangible benefits to their communities in order to survive.

    44 min

  6. 12/10/2025

    How Nonprofits Can Grow Faster by Taking Risks Like For-Profit Businesses- NonProfit MBA 8.30

    Nonprofits have traditionally operated with a mindset of caution, focusing primarily on mission-driven work while avoiding financial risk. While this approach promotes stability, it often limits growth and long-term impact. On a recent episode of the Nonprofit MBA Podcast, host Stephen Halasnik, co-founder of Financing Solutions, discussed this topic with Barb Clapp, CEO of Dwyer Workforce Development. Together, they explored how nonprofits can grow faster by taking strategic risks similar to for-profit businesses.

    35 min

  7. 12/02/2025

    Nonprofit Marketing Strategy: Modernize Your Messaging- NonProfit MBA 8.29

    For many nonprofit leaders, communication feels like an afterthought, something to address once the real work is done. Yet, in today's media-saturated world, a clear, emotional, and strategic message is not just a "nice to have." It is the heartbeat of organizational growth. As Jason Clark, President and CEO of VIA Studio, told Stephen Halasnik in their conversation for The Nonprofit MBA Podcast, "It is really hard to read the label from inside the jar." That metaphor captures a common problem: many nonprofits are too close to their own mission to communicate it effectively to others. This shift highlights why a strong nonprofit marketing strategy is essential today. Clark's Louisville-based digital agency, VIA Studio, has spent over two decades helping nonprofits and mission-driven organizations modernize their branding, websites, and messaging strategies. His insights shed light on a challenge faced by countless small and mid-sized nonprofits: how to evolve from outdated, fact-heavy messaging to emotionally resonant storytelling that inspires real engagement and real donations.

    39 min

  8. 11/26/2025 · VIDEO

    High-Net-Worth Donors and Major Gifts Fundraising: What Really Works Today- NonProfit MBA 8.28

    The New Era of Nonprofit Fundraising: Fewer Donors, Bigger Gifts In today's nonprofit landscape, one thing is clear: major gifts are driving the deepest impact. According to research from the Giving USA 2024 Report, individual giving dropped 3.4% last year, but donations from high-net-worth individuals and foundations increased significantly. This shift has created a paradox: fewer donors overall, but larger contributions from the top tier of philanthropists. This shift is reshaping major gifts fundraising across the nonprofit sector. Fundraising expert Gail Perry, founder of the Gail Perry Group, says this moment represents both a challenge and an opportunity. "Every single organization has major donors in its database," she explains. "The problem is, they're often treated like small donors—receiving generic messages instead of genuine engagement." This moment represents a major shift in major gifts fundraising.

    42 min
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About

The Nonprofit MBA Podcast's purpose is to provide new business insights and fresh creative ideas for Nonprofit Executive Directors and their teams that will help them improve their Nonprofit organizations. Hosted by Stephen Halasnik, Managing Partner at Financing Solutions. Stephen sits down with Nonprofit executives and discusses ways to fundraise, forecast, and even fix your organization for a larger impact. Financing Solutions is the leading provider of Lines of Credit to Nonprofits.

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