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Workshop Descriptions

Fundamentals of Budgeting

Our Finance Fundamentals workshops are perfect for those new to nonprofits or for board members, program managers, administrative staff, and executive directors looking for a financial refresher. This session is an in-depth discussion of the nonprofit budgeting process and will prepare you to craft a budget for your program or organization. Take this workshop in conjunction with Fundamentals of Financial Management for a comprehensive overview of nonprofit finance. Register for Fundamentals of Budgeting.

Fundamentals of Financial Management

Build on Fundamentals of Budgeting with this workshop that provides an introduction to financial reports, roles and responsibilities, bookkeeping, financial reporting for the board, and internal controls. Register for Fundamentals of Financial Management.

Nonprofit Budgeting: Beyond the Basics

Take your practical budgeting knowledge to the next level. This workshop will discuss the role and function of budgets and explore a variety of budget approaches and strategies. Participants will discuss roles and responsibilities and ways to encourage accountability and buy-in from everyone in the organization. Practical examples of formats, calendars, and steps will be reviewed. The workshop concludes with a discussion of how to address common budget failures and problems. Register for Nonprofit Budgeting: Beyond the Basics.

Understanding Nonprofit Financial Reports

Learn how to make sense of nonprofit financial reports. Focusing on the income statement and balance sheet, this workshop will teach you key terminology, show you what the reports are telling you and what to look for in them. Using case studies, participants will learn to read financial reports and understand audits, unrestricted and restricted funds, and other required reports. Register for Understanding Nonprofit Financial Reports.

Calculating True Program Cost

Do you know what your programs cost? Are you sure your programs are fully funded? This workshop focuses on allocating direct and indirect expenses and calculating the true cost of your programs. This holistic approach to program budgeting will help your program staff be good managers, your development staff write effective grants and is essential for compliance on your 990. The workshop is geared towards those needing an introduction and overview of allocations and program budgets. Register for Calculating True Program Cost.

Presenting Financial Reports to the Board

Help your board become more effective by providing them with useful reports. Staff can support the board’s oversight role through the format, content and presentation of financial information. This workshop will teach nonprofit managers, finance staff and board members about board responsibilities, how the board uses financial information, effective report formats, and how to train the board to use the information.

Financial Policies for Internal Control

Safeguard your organization’s assets. Learn how to develop sound financial policies and effective internal controls. Participants will learn the risks and areas of concern, responsibilities for internal controls, audits and external requirements for policies. Useful tools will provide you with real world examples using sample board and management policies and procedures.

Managing Cash Flow

Managing your organization’s finances is easier when you know what to expect. Creating cash flow projections will help you to prepare for those bumps in the road before they appear. Participants will learn how to develop a cash flow projection, how to anticipate and avoid cash flow problems, ways to build cash reserves, and reasons and remedies for negative cash flow. You will leave the workshop will valuable cash flow projection forms and tools you can start using right away. Register for Managing Cash Flow.

Measuring your Financial Health

Understanding a financial statement is just the first step in assessing your nonprofit’s financial health. In this workshop you will learn to interpret, analyze, and measure information from the financial reports to monitor key financial indicators. Topics include financial statement analysis and ratios, establishing benchmarks, and developing useful financial monitoring reports. A case study will be used for analysis, but bring your own audit for a hands-on exercise. This workshop is geared for those with basic familiarity and knowledge of financial reports.

Financial Leadership for Executive Directors

Executive Directors are an important member of the finance team and often function as the organization’s key financial manager. This workshop has been created specifically for Executive Directors of nonprofits with small budgets. Participants will discuss how to establish a culture of financial responsibility and accountability and how to define and manage appropriate roles and responsibilities for financial functions. Key topics will include how to integrate realistic budgeting into annual and long term plans, how to understand and interpret financial information for different stakeholders, and how to work with bookkeepers, auditors, the finance committee, and boards. Please be prepared to share your experiences and to ask questions of peers. Executive directors only. Register for Financial Leadership for Executive Directors.

Building a Nonprofit Social Enterprise

Nonprofits seeking to diversify funding are exploring opportunities to create a business venture or social enterprise. This session will help you understand the terminology and essential considerations to find the right earned income opportunities and mix for your organizations that fits your programs, strengthens your mission, and helps to stabilize a nonprofit’s financial base.

 

Board Training

Financial Clarity for Nonprofit Boards

Nonprofit boards of directors are responsible for the financial health and viability of the organization. In recent years, demand has grown for boards to improve their performance in monitoring finances and actively participating in financial decisions. Even though board members want to understand financial reports and use the information to accomplish their community goals, there are gaps in their financial knowledge. This is an interactive, hands-on guided tour of your financial statements for the entire board as part of their regular board meeting. Learn more about scheduling a training for your board.