Financial Clarity for Nonprofit Boards

Nonprofit boards of directors are responsible for the financial health and viability of the organization. 

A board that understands your nonprofit's finances will be in the best position to provide leadership and guidance to help you realize your organizational vision. Even though board members want to ensure the fiscal health of your organization, actively participate in financial decisions, and excel in their role as an organizational and community leader, there may be gaps in their financial knowledge.

Workshop

Nonprofits Assistance Fund has drawn on years of experience to create a workshop designed specifically for nonprofit boards. Financial Clarity for Nonprofit Boards provides practical information and tools that will help your board take the next step.  We customize this training for your organization, using your financial reports - not an anonymous case study. It's an interactive, hands-on, guided tour of your financial statements.

A Customized Training

  • Exploring the financial roles and responsibilities of the board
  • Reading the financial reports and identifying terms and definitions
  • Interpreting financial information
  • Understanding your organization's key financial questions and concerns

The guided tour of your financial reports includes

  • Discussing your needs with the executive director and treasurer before the training session
  • A complete review of your financial information
  • A one-hour training with entire board as part of the regular board meeting using your financial reports - not an an
  • Materials and guides to help your board beyond the training
  • Follow up with the executive director after the training is complete

Costs

  • $200 for nonprofits with an annual budget less than $1.5 million.
  • $350 for nonprofits with larger budgets.
  • Additional travel fees may apply.

Scheduling

  • Please allow for three to four weeks for scheduling and preparation. For additional information on Financial Clarity for Nonprofit Boards, contact Amanda at 612.278.7161.

Webinar

This training is also available as part of our webinar series.   Although the materials are not customized for each participant, this online training option is available at a convenient cost and location - your computer.

The webinar includes:

  • Reviewing basic nonprofit financial reports and terminology
  • Learning to interpret financial information in context, and learn strategies to effectively participate in financial discussions and decisions.
By the end of the session, you will have a working knowledge of the nonprofit income statement and balance sheet and will understand your financial leadership roles and responsibilities. 

Costs

  • $40
Enroll now

Sponsors

Financial Clarity for Nonprofit Boards is generously supported by the Patrick and Aimee Butler Family Foundation and the Travelers Foundation.