Nonprofit Finance: Moving Beyond the Basics

Participants will be able to:

• Understand within an approximate amount what the ‘profit and loss’ of each program is in order to make better decisions about the allocation of time and money resources with the organization to maximize mission-critical work.
• Identify key opportunities in their current revenue model to grow the organization.
• Identify internal and external financial risks for the organization and develop the basis of a financial contingency plan.

Topics:

• Understanding your ‘Profit & Loss’ by Program area and allocating shared expenses to make better strategic decisions.
• Mission Money Matrix: Establishing the ROI of certain programmatic activities.
• Understanding your current revenue mix, cash flow, and statement of financial position to make strategic decisions around growing your revenue.
• Financial scenario planning/contingency planning and Risk Management.