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AZ Tech Roundtable 2.0

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where EntrepreneursTop Executives, Founders, and Investors come to share insights about the future of business


AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… 


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Wealth for Life: HERE


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May 4, 2021

Non-Profit Investing w/ Steve Zabilski of St. Vincent de Paul

- BRT S02 EP18 (65) 05-02-2021


What We Learned This Week

  • Non-Profits are still run just like a business – budgets, expenses , board mtg
  • Budget forecasts are done 3 years out by a committee who then makes recommendations to the full board quarterly
  • Invest – 3 ‘buckets’ / types of accounts – Cash (S/T 90 days), Reserve (12-18 mths), Endowment (L/T – 5 yrs +)
  • Plan for time when donations decline – cyclical
  • Non-Profit filing - Form 990 for tax exempt organizations



Guest: Steve Zabilski, Executive Director of St Vincent de Paul
Homeless Population in Phx Struggling and How to Help
Help to Feed, Clothe, House, Heal those who need it most


Business of Non-Profits – Steve talks about running a Non-Profit and all that is involved from the board, to employees, investments & more. 

We learn: How Non-Profits are still run just like a business, with budgets, expenses, and board meetings monthly. Analyze donations, and when they are received. For example, there will be cyclical bumps in the holidays, and slowing in the summer.

Determine what money is available for current expenses (this year), then short term needs (12-18 mths), and what can be invested for growth long term (use a 3 account system). Budget forecasts are done 3 years out by a committee who then makes recommendations to the full board quarterly.



Run non-profit like any other business, expenses, cash flow

Steve has an accounting & Financial background, was at KPMG & insurance co., been with St. Vincent’s for past 25 years

Full board meeting with all 25 members – 2-3 hr, 3rd Wed of the month

Executive board, w/ group of 5 – meet 1st Wed of the month.


Meet to discuss - Expenses / CF / budgets / Investing  

Internal Controls for cash and financials

Treasurer / CFO – Mr. Mark Anderson, CPA. 17 yrs at St. Vincent’s

Auditor –Annual GAAP by Clifton Larson / CPA

Management Ltr. – summary and marketing


Invest – 3 ‘buckets’ / types of accounts

  1. Cash (liquid) – S/T 90-120 days – Ops – Payroll, rent, bills, supplies.
  2. Reserve & Excess – mid-12-18 months to 5 yrs – sub buckets, some Equity / fixed income
  3. Endowment – L/T 5yr + - investing 80/equity REIT – 20 / fixed income

Investment committee – CEO, Exec Director, Manager, some board members

Meet quarterly - Questions and instructions from donor  

How receive money / donation – cyclical / yr., heavy in holidays, summer is slow



Guest: Denver Nowicz, President - Wealth For Life



Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing’.

He talks investing strategies for individuals and how he uses a similar strategy for Non-Profits. Run the budget the Non-Profit for the next 3 years. What cash is needed for expenses, and emergencies. Then what cash can be invested for short term duration, ie under 3 years in more fixed income, and what can be invested in stocks for higher growth.



Treat non-profit like individual set-up. 

Plan for time when donations decline – cyclical


Asset Pool – Assets grow L/T. Safer funds, low risk.

Bond or Mutual Fund – conservative strategy ex – 80% fixed

Income – 4% bond, 1 to 2% for 2-3 yrs

Forecast budget 2-3 yrs out

Capital preservation for 2-3 yrs of money on hand, then invest other money for growth


Non-Profit filing - Form 990 for tax exempt organizations

Meet with Board – quarterly reviews.



Link to Taxes Show on 10/31/2021 w/ Denver: Here

Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here

Link to Shows, Denver was a Guest: Here



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Business Roundtable with Matt Battaglia

The show where EntrepreneursHigh Level Executives, Business Owners, and Investors come to share insight and ideas about the future of businessBRT 2.0 looks at the new trends in business, and how classic industries are evolving

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page:

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

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Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.