Effective Nonprofits: Smart Money Management Seminars
If Nonprofits Counted
Historically, nonprofits have been encouraged to place more value on worthiness than on worth. This course examines the two financial instruments fundamental to understanding and tracking nonprofit worth: the income statement and the balance sheet. Taught in plain and simple language, this lively session demystifies traditional accounting concepts so that even the most numbers-phobic participant can loosen up and learn. By the end of the session you'll know:
- How to read and interpret financial statements
- What information board members should receive monthly
- A simple method for tracking financial trends
- How FASB accounting standards affect what your organization looks like to funders
- What "red flags" foundations and banks look for on your financial statements
- How to prepare for your annual audit
- How to make worth work for you rather than against you
Think of this half-day course as a prerequisite for all our other financial offerings. Whether you're new to nonprofits or have been around the financial block, this is good basic training for your financial know-how journey.
Contact us for more information.