--- title: "Monday Buzz: Plug Money Leaks" id: "42444" type: "post" slug: "monday-buzz-plug-money-leaks" published_at: "2018-04-30T20:49:24+00:00" modified_at: "2026-03-16T21:51:24+00:00" url: "https://associationsnow.com/2018/04/30/monday-buzz-plug-money-leaks/" markdown_url: "https://associationsnow.com/2018/04/30/monday-buzz-plug-money-leaks.md" excerpt: "In the nonprofit world, every dollar counts. Here are a few tactics to try to stop money from seeping out of your organization. Also: A look at advocacy in the age of fake news." taxonomy_category: - "Governance" taxonomy_post_tag: - "AssociationsNow" - "Business" - "financial management" - "Governance" - "nonprofit" taxonomy_content_format: - "Article" taxonomy_role: - "Association CEO / Executive Director" - "C-Level" - "Executive Team" taxonomy_persona: - "Executive Leadership" --- [Home](https://associationsnow.com/) » [Articles](https://associationsnow.com/format/article/) » Monday Buzz: Plug Money Leaks Are you trying to figure out if your organization is needlessly losing money? Start by taking a deep look at your organizational finances; only then can you make informed decisions about where you can cut or reduce expenses. “Once it’s clear where liabilities and insolvent costs are—electric bills, rent, payroll, etc.—leaders can determine whether they’re necessary for the operation of the organization,” writes Christian Valiulis, the chief revenue officer of [APS (opens in a new tab)](https://www.apspayroll.com/) , in a [recent post for Nonprofit Hub (opens in a new tab)](http://nonprofithub.org/human-resources/5-actionable-ways-to-prevent-profit-leaks/) . Also, shine a light on your HR process and make sure your hiring process is robust. “Nonprofits must employ the right people to decrease costs associated with turnover, such as rehiring and retraining,” says Valiulis. “Having the right people starts with the recruitment and screening process.” ### Advocacy Trust > Here’s how [#advocacy (opens in a new tab)](https://twitter.com/hashtag/advocacy?src=hash&ref_src=twsrc%5Etfw) > professionals can operate in the age of fake news. Learn more → [https://t.co/ItdQc8S2ls (opens in a new tab)](https://t.co/ItdQc8S2ls) > [#engagement (opens in a new tab)](https://twitter.com/hashtag/engagement?src=hash&ref_src=twsrc%5Etfw) > [#assnchat (opens in a new tab)](https://twitter.com/hashtag/assnchat?src=hash&ref_src=twsrc%5Etfw) > [#fakenews (opens in a new tab)](https://twitter.com/hashtag/fakenews?src=hash&ref_src=twsrc%5Etfw) > > — 720 Strategies (@720Strategies) [April 28, 2018 (opens in a new tab)](https://twitter.com/720Strategies/status/990324271716192257?ref_src=twsrc%5Etfw) **In today’s politically tumultuous landscape,** legislative and advocacy campaigns can be a lightning rod for “fake news” accusations. How should your organization guard against them? “The best path for advocacy organizations is to stick closely to the truth and avoid anything tainted by fake news, or even flimsy sourcing,” says a [post from SevenTwenty Strategies (opens in a new tab)](https://720strategies.com/blog/fake-news-and-advocacy-how-to-keep-it-real/) . “In short, the best defense is to play it absolutely straight.” Make sure that the stories you’re telling cite reputable sources. And tone down any hyperbole. ### Other Links of Note **There are a bunch of livestreaming apps** out there that could work well for your event. The *Event Manager Blog* [shares its favorites (opens in a new tab)](https://www.eventmanagerblog.com/live-streaming-apps) . **Are you not being as productive as you like?** *Get Fully Funded* shares time sucks that [could be holding you back (opens in a new tab)](http://getfullyfunded.com/7-time-leaks-zapping-productivity/) . **Creepy content can push your audience away.** Here’s how to [avoid creating content (opens in a new tab)](https://www.copyblogger.com/uncanny-valley/) that your readers won’t like, from *Copyblogger*. (Kittichais/iStock/Getty Images Plus) [Raegan Johnson](https://associationsnow.com/author/raegan-johnson/) Raegan Johnson is a contributor to Associations Now. [More articles by this author](https://associationsnow.com/author/raegan-johnson/) Tags: [#Business](https://associationsnow.com/tag/business/) [#financial management](https://associationsnow.com/tag/financial-management/) [#Governance](https://associationsnow.com/tag/governance/) [#nonprofit](https://associationsnow.com/tag/nonprofit/) **Stay Informed** [Subscribe to our free newsletter](https://associationsnow.com/newsletter/) , *Associations Now Daily News*, to find out what’s happening in the association world every business day. ## You Might Like - [PodcastAssociations NOW Presents: Leading Together-Strengthening the Board-CSO PartnershipDecember 18, 2025](https://associationsnow.com/2025/12/18/associations-now-presents-leading-together-strengthening-the-board-cso-partnership/) - [TemplateMembers onlyChief Financial OfficerApril 10, 2009](https://associationsnow.com/2009/04/10/chief-financial-officer/) - [VideoAssociation Governance Institute: Your Governance HeadquartersMarch 18, 2025](https://associationsnow.com/2025/03/18/association-governance-institute-your-governance-headquarters/) - [VideoStrengthening the CEO & Board Partnership with Governance TechnologyMarch 17, 2025](https://associationsnow.com/2025/03/17/strengthening-the-ceo-board-partnership-with-governance-technology/) ## Comments **Comments are for ASAE members.** [Learn more about comments on this site.](https://associationsnow.com/comments/) [Log in](https://associationsnow.com/login?redirect_to=https%3A%2F%2Fassociationsnow.com%2F2018%2F04%2F30%2Fmonday-buzz-plug-money-leaks%2F%23comments) to your member account or [join ASAE](https://my.asaecenter.org/select-a-membership-type/) !