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Intro to Nonprofit Finance
February 17, 2016 @ 9:00 am - 4:30 pm| $75
Does the idea of reviewing financial statements make your head hurt? Do you avoid looking at the Statement of Activities and the Balance Sheet of your organization because you are not sure what they are supposed to tell you? If so, this class can help. It provides a basic introduction to nonprofit finance—not from an accounting standpoint, but rather by discussing the individual financial statements and the information you can glean from them once you understand how to review them. Specifically, we’ll talk about:
-How to analyze the Statement of Activities and the Balance Sheet of an organization, and more importantly, how they should influence decision making.
-The roles and responsibilities of various individuals within a nonprofit organization with regard to the financials.
-The fact that the financials actually tell a narrative “story” about an organization–they are not just numbers.
We will look at the financials of a couple of different NPOs in this class, and you’ll learn how to identify the key points in these statements and what story they tell about the organization. You’ll leave the class with an enhanced understanding of why the financials are important and how you can productively engage with and utilize them in your role within your organization. This class is designed for anyone without a financial background (or whose financial knowledge is a bit rusty) who wants to better understand the financial statements of the nonprofits with whom they work, volunteer, or support.