About This Resource
This session was part of the 2022-2023 Get Audit & Credit Ready CE Series
This workshop from Nonprofit Finance Fund is geared toward the nonprofit enterprise leaders in the REDF Community. NFF will 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 will dig into why capital structure matters and what a healthy balance sheet should look like for your growth-minded nonprofit.
Audience: This session is designed for CEOs, Executive Directors who do not have have senior finance staff; Finance Managers/Directors, Senior Accountants, and CFOs.
Below is the session recording and accompanying materials
About Nonprofit Finance Fund
NFF supports community wealth and well-being through our lending, consulting, and our work to positively influence how money flows to nonprofits. We contribute to a more equitable world by helping mission-driven organizations adapt, thrive, and drive positive change.
Continuing Education Series: Get Audit & Credit Ready
Better understand your org’s financial health & trends through an orientation to financial statements, as well as an introduction to key metrics to measure financial health.
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.
Learn best practices in developing and implementing financial policies and procedures with the goal of strengthening internal controls And .also explore how to bolster both internal controls and efficiency through the use of key technology systems.
Learn how to create a full cost budget that incorporates all of the types and amounts of money your org needs, to make a better case for support that drives excellent programs and the long-term sustainability of the org.
Explore the types of financial reports that should be generated and discuss how to identify and analyze key information contained in the reports Also introduce the concept of dashboard reporting and explore strategies for improved communication across teams.