NFG

What NFG does

NFG (Nonprofit Financial Group) is a Minnesota-incorporated nonprofit professional association founded in 1989 that serves individuals with financial responsibilities in nonprofit organizations, primarily in the Minneapolis-St. Paul metropolitan area and the greater Duluth region. The organization delivers three core offerings: (1) a Membership Program with annual dues ranging from $35 to $140 covering a September-to-August program year, (2) Monthly Program Meetings held September through June across its two chapters (Twin Cities at Gloria Dei Lutheran Church in St. Paul; North Chapter at Central Hillside Community Center in Duluth), and (3) an email-based Listserv Community Forum where members post questions, share tips, and circulate nonprofit financial job openings. A Sponsorship Program ($1,500 annual / $500 single event) and Social/Networking Events augment the core offering.

The organization operates on a standard WordPress website hosted by KDV, with no proprietary technology, no mobile application, no API, and no third-party integrations beyond a Square checkout for online dues payment. The technology footprint is intentionally minimal, consistent with a volunteer-led professional association rather than a software-enabled platform.

Business model is straightforward subscription-dues revenue from individual members, supplemented by optional sponsorship contributions from accounting firms and service providers. Go-to-market is community-led: the organization grows through word-of-mouth referrals, its Listserv, and its website rather than paid acquisition. Customer segments are horizontally split between nonprofit financial managers (primary) and service providers to nonprofits (secondary, more relevant on the sponsorship side). All meetings are currently held virtually. The organization is governed by a volunteer Board of Directors established June 9, 2016 and staffed by professionals from organizations including Interfaith Action of Greater St. Paul, Youthprise, Think Small, Women Venture, Tasks Unlimited, Augsburg University, Wipfli, Baker Tilly, and Eide Bailly.

Name

NFG

Legal name

Nonprofit Financial Group

Website

https://nfgmn.org

Company type

Private

Founded year

1989

Operating status

Operating

Short description

NFG (Nonprofit Financial Group) is a Minnesota-based nonprofit professional association founded in 1989 that provides networking, education, and professional development to financial managers of nonprofit organizations via monthly meetings, an email Listserv, and social events across its Twin Cities and North (Duluth) chapters.

Ownership category

akta.pro rank

Headquarters

HQ city

Burnsville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Marketing or Sales, Technology or R&D, Infrastructure, Personnel, Others

Revenue model

1. Membership Dues: Annual membership dues ranging from $35.00 to $140.00, effective for the program year September to August. New memberships starting after March 1 run until the fall of the following year.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NFG is a volunteer-led, member-supported nonprofit association that provides networking, education, and professional development for finance and accounting professionals working in nonprofit organizations. It operates two regional chapters (Twin Cities and North/Duluth) that host monthly in-person program meetings from September through June, supplemented by an email Listserv community forum and social/networking events for its members.

Product overview

NFG (Nonprofit Financial Group) is a membership-based professional organization, not a technology product company. It operates as a single unified offering comprising membership access to monthly educational programs, an email-based Listserv community forum, and social/networking events. The organization has two chapters—the Twin Cities Chapter (greater Minneapolis-St Paul) and the North Chapter (greater Duluth area)—that conduct separate monthly programs. Sponsorship opportunities are available to support these programs and events.

Differentiator

Problem solved

Functional benefit

Products and services

• NFG Membership Program Annual individual membership in the Nonprofit Financial Group association, providing access to monthly program meetings, the email Listserv community forum, and networking/social events. Members include financial and accounting professionals working in nonprofit organizations across the Twin Cities and North (Duluth) chapters of Minnesota.
• Monthly Program Meetings In-person educational and professional development meetings held monthly September through June at both the Twin Cities and North (Duluth) chapters. Each meeting features a speaker, topic, and networking opportunity designed for nonprofit finance professionals.
• NFG Listserv Community Forum An email-based community Listserv available to NFG members that supports ongoing peer discussion, questions, and resource sharing on nonprofit financial management topics throughout the year.
• Social and Networking Events Casual social and networking gatherings hosted for NFG members to build professional relationships within the Minnesota nonprofit finance community, organized by volunteer co-chairs.
• NFG Sponsorship Program A sponsorship offering that lets companies and organizations support NFG's programming through either an annual sponsorship ($1,500) or a single-event sponsorship ($500), typically purchased by firms serving the nonprofit sector.

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• KDVminorOthersKDV provides web hosting services for the NFG website (nfgmn.org). NFG thanks KDV for hosting this site.
• Gloria Dei Lutheran ChurchminorOthersTwin Cities Chapter meetings are generally held at Gloria Dei Lutheran Church on Snelling Avenue in St. Paul.
• Central Hillside Community CenterminorOthersNorth Chapter meetings are held at Central Hillside Community Center, 12 E 4th St, Duluth, MN.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Propel Nonprofits: Minnesota-based nonprofit focused on capacity-building and financial sustainability for nonprofits, including loans and consulting. Overlaps with NFG's nonprofit finance audience and Minnesota regional focus.
• Minnesota Council of Nonprofits: Statewide membership association for Minnesota nonprofits, providing networking, education, and advocacy. Direct comparable to NFG in serving Minnesota nonprofit professionals through a membership model, though at broader organizational scope.
• MAP for Nonprofits: Minnesota-based nonprofit serving other nonprofits with management consulting, finance, HR, and technology support. Comparable to NFG as a Minnesota-focused nonprofit-support organization with overlapping member audiences of nonprofit finance leaders.
• Nonprofits Assistance Fund: Minneapolis-based nonprofit providing financial management support, loans, and training to Minnesota nonprofits. Comparable audience of nonprofit financial managers in the same Minnesota market.

Broad incumbents

• American Institute of CPAs (AICPA): National professional association for CPAs, including the Not-for-Profit Section that serves a similar audience to NFG. Comparable as a professional membership organization with education and networking for finance professionals, though at vastly larger scale and broader scope.
• Association of Fundraising Professionals (AFP) - Minnesota Chapter: Regional chapter of a national professional association for fundraisers, with adjacent audience of nonprofit executives including CFOs. Comparable as a Minnesota nonprofit professional membership organization with chapter structure.
• Minnesota Society of CPAs (MNCPA): Statewide professional membership association for CPAs in Minnesota, including those serving nonprofits. Comparable regional professional-association structure with dues, monthly programming, and member benefits.

Regional players

• Center for Nonprofit Excellence: Statewide nonprofit support organization providing training and resources to nonprofits. Comparable as a regional nonprofit-support membership/professional development organization, though in a different state geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/nfgtwincities
• LinkedInlinkedin.com/company/nonprofit-finance-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NFG