Does seeing all the numbers on a financial statement make your eyes glaze over?
Do you dread when your supervisor asks for budgets, estimates, and projections?
Do you pick up your phone and Google when someone mentions “cash flow,” “statement of activities,” or “balance sheet”?
Then this is the course for you. This all-day workshop is specifically catered to those of us without a degree in accounting. We provide you with definitions, examples, and exercises to help you understand and supervise the management of money in your organization. You’ll also learn four important tools guaranteed to deepen your knowledge, impress your finance people, and dazzle your board. This workshop will cover financial statements, program-based budgeting, cash flow management, and building cash reserves.
Understanding your organization's finances is a core competency for all nonprofit managers. Being able to build budgets, apply for grants, understand your cash position, and use the information in a financial statement – these are vital skills that anyone in a position of responsibility will need again and again.
What you will learn:
- How to read and use a Statement of Cash Position, Statement of Activities, or a Balance Sheet and Income Statement to uncover the information you need to run a program.
- How to clearly identify your restricted and unrestricted funding.
- How to create a program-based budget.
- How to understand cash flow projections and your cash position each month.
- All about reserves, and how to build them over time.
No financial knowledge needed: Definitions and samples will be provided. Class will be lively, including exercises and small group activities.
- December 5, 2018
Georgia Center for Nonprofits
100 Peachtree Street NW, 18th Floor
Atlanta GA 30303
Questions? Contact the Nonprofit University team at at [email protected] or 678-916-3081.
Did You Know?
We offer tailored training for your team.
Nonprofit University can be your source for customized training as well as delivery of our programs on site at your location.