Terry Fraser Demystifies the Balance Sheet on Nonprofit Spark
Making sense of a balance sheet can be tricky for stakeholders of small nonprofits. But understanding how to read one gives you a valuable snapshot on the financial health of an organization.
In a recent broadcast of Nonprofit Spark on WebTalkRadio, Terry Fraser, a nonprofit and government principal with LarsonAllen, simplified this useful financial tool. Fraser and show host Renee McGivern walked listeners through a sample balance sheet, line by line.
Listen to a recording of the show and follow along using the sample balance sheet (or your own). Then, use your newfound knowledge to inspire an idea that moves your mission forward.