We are excited to host a a workshop focused on unpacking the choices related to updating and growing financial staffing, technology, and workflows in ways that are matched to your goals and your organization’s financial health.
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Financial Management
Financial Management refers to the process by which a business or organization tracks and manages its cash, credit, expenses, and revenue streams to ensure profitability and its ability to meet organizational objectives. In a nonprofit context specifically, we can think of financial management as being the backbone enabling the organization to carry out and fulfill its programmatic mission. Sound financial management is absolutely critical for an organization’s long-term success and sustainability!
In this section, you’ll find content related to cash flow and cash management; budgeting, planning, and tracking of finances; financial reporting; and financial infrastructure.
All Financial Management Resources
This engaging workshop will help leaders create full-cost budgets that incorporate their organization’s programmatic revenue needs as well as its capacity and long-term financial needs. By creating a full cost budget that incorporates all of the types and amounts of money they need, social sector leaders can make a better case for support that drives excellent programs and the long-term sustainability of the organization.
This workshop focuses on key concepts and best practices in financial performance management. We’ll explore the types of financial reports that should be generated and discuss how to identify and analyze key information contained in the reports. We will also introduce the concept of dashboard reporting and explore strategies for improved communication across functions with the goal of building a “team around the numbers” focused on financial results.
This workshop will focus on best practices in developing and implementing financial policies and procedures with the goal of strengthening internal controls. The session will also explore how to bolster both internal controls and efficiency through the use of key technology systems.
This workshop helps participants better understand their organization’s financial health and trends through an orientation to financial statements, as well as an introduction to key metrics to measure financial health.
NFF share their insights for quickly understanding financial health and performance using nonprofit financials, including how donor-restricted funding may obscure the overall picture. The second part of the session digs into why capital structure matters and what a healthy balance sheet should look like for your growth-minded nonprofit.
In this workshop, we will explore the unique role of the nonprofit board in supporting an organization’s financial resilience, as well as the importance of the ED/Board partnership.
Double Bottom Line (DBL) financial analysis helps us understand how financially self-sustaining each part of our ESE is. Download this resource to create and analyze your own DBL income statement.
Distinguishing social costs from ordinary business costs enables you to make more informed decisions on managing your budget and making targeted cost reductions.
It has become increasingly important that we be able to understand not simply that a program is a “good cause,” but rather that its social returns argue for increasing our investments in their work.