1906 Navigating the Financial Landscape with Stephanie Skryzowski
In this episode of the Thoughtful Entrepreneur, your host Josh Elledge speaks with the\xa0Founder and CEO of 100 Degrees Consulting, Stephanie Skryzowski.\n\n\n\nStephanie Skryzowski, Chief Financial Officer for nonprofits and founder and CEO of 100 Degrees Consulting, specializes in leveraging financial strategy to amplify impact in the nonprofit sector. Her mission is to help nonprofit organizations harness their financial data to make informed decisions that grow their bottom line and impact.\n\n100 Degrees Consulting specializes in the nonprofit sector, with a dedicated team of 15 full-time employees. Their remote presence across the United States and beyond allows them to serve a diverse range of organizations with a personal touch. Through Stephanie's CFO financial strategy and bookkeeping services, she confidently empowers nonprofits to navigate their financial landscapes.\n\nWhile her expertise is tailored to nonprofits, the financial principles she discusses\u2014covering cash flow management, forecasting, and budgeting\u2014are universally applicable to charitable and for-profit organizations. Her deep understanding of the nonprofit sector, including accounting and tax nuances, makes her a valuable resource for optimizing financial operations.\nKey Points from the Episode:\n
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- Stephanie Skryzowski's work with nonprofit organizations \n \t
- The universal principles of financial strategy applicable to both nonprofits and for-profit organizations \n \t
- Unique accounting nuances for nonprofits \n \t
- Trends in nonprofit space, including transformational gifts and their financial management \n \t
- Strategic use of windfall cash in nonprofits and small businesses \n \t
- Increasing revenue in nonprofits through earned income streams \n \t
- 100 Degrees Consulting's team and expertise in serving nonprofits \n \t
- Trend of fractional CFOs in small businesses and the shortage of nonprofit CFOs \n
\nAbout Stephanie Skryzowski:\nStephanie Skryzowski is a dedicated Chief Financial Officer renowned for her global commitment to enhancing nonprofit organizations. Through her company, 100 Degrees Consulting, she offers CFO strategy and bookkeeping services to numerous nonprofits worldwide, aiming to boost their operational success and financial stability. Stephanie holds a Master\u2019s degree in Public Administration focusing on nonprofit finance from New York University, equipping her with the expertise to lead organizations towards prosperous futures.\n\nStephanie actively contributes to the nonprofit community by sharing her knowledge through speaking engagements and educational content. She has been a featured speaker at prestigious events such as Blackbaud, Grants Professionals Association, and ROI: The Millionaire\u2019s Summit. Stephanie also hosts a podcast, \u201cThe Prosperous Nonprofit,\u201d and offers an online course, \u201cMaster Your Nonprofit Numbers,\u201d which guides nonprofit leaders in achieving financial health and sustainable growth. Her free time is often spent enjoying lake activities with her husband and two daughters.\nAbout 100 Degrees Consulting:\n100 Degrees Consulting is a specialized firm that empowers nonprofit leaders to harness the power of their financial data to expand their influence and resources. The organization provides fractional CFO and bookkeeping services tailored to enhance financial understanding and management. Focusing on key areas such as budgeting, cash flow forecasting, financial reporting, analysis, and leadership coaching, 100 Degrees Consulting is committed to helping leaders make informed decisions that foster long-term sustainability and growth.\n\nThe belief that enduring change requires financial sustainability is central to 100 Degrees...