NFG
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.
- Company typePrivate
- Founded1989
- HeadquartersBurnsville, United States
- Headcount—
- GTM typeB2C
- OfferingServices
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.
NFG firmographics
Firmographics- 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
Where NFG is headquartered
LocationHeadquarters
- HQ city
- Burnsville
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
NFG business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Marketing or Sales, Technology or R&D, Infrastructure, Personnel, Others
Revenue model
- 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
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Individual membership with dues ranging from $35 to $140 |
| Subscription | Annual | Annual sponsorship for social and networking events |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
NFG product offering
Product offeringCore 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.
Companies that use NFG
Customer profileNamed customers8 records
Segments2 records
Ideal customer profiles2 records
NFG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
NFG partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- KDVminorKDV provides web hosting services for the NFG website (nfgmn.org). NFG thanks KDV for hosting this site.
- Gloria Dei Lutheran ChurchminorTwin Cities Chapter meetings are generally held at Gloria Dei Lutheran Church on Snelling Avenue in St. Paul.
- Central Hillside Community CenterminorNorth Chapter meetings are held at Central Hillside Community Center, 12 E 4th St, Duluth, MN.
Scale indicators3 records
Recent moves7 records
Expansion highlights4 records
NFG competitors and assessment
Company assessmentDirect 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
NFG social profiles
Digital presenceNFG financial estimates
Financial estimateRevenue estimate
Valuation estimate
NFG leadership team
Management profileNumber of profiles
Profiles11 records
NFG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NFG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NFG
What does NFG do?
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.
Is NFG a public or private company?
NFG is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was NFG founded?
NFG was founded in 1989.
Where is NFG based?
NFG is headquartered in Burnsville, United States, in the North America region.
How does NFG make money?
One revenue line is on record: membership Dues.
Who are NFG's main competitors?
Direct peers on record are Propel Nonprofits, Minnesota Council of Nonprofits, MAP for Nonprofits and Nonprofits Assistance Fund. Broad incumbents are American Institute of CPAs (AICPA), Association of Fundraising Professionals (AFP) - Minnesota Chapter and Minnesota Society of CPAs (MNCPA). Center for Nonprofit Excellence is listed as a regional player.
Does NFG have an API?
No public API is recorded for NFG.