Financial Analysis for Nonprofit Leaders

Financial position, robustness, and flexibility are all areas that are vitally important for effective nonprofit leadership. Leaders in nonprofit organizations must understand the drivers of these components of financial strength in order to be successful in pursuing their organizational missions.

Through a unique collaboration, this high-quality, innovative, and affordable continuing education course will help you meet your professional goals. This seminar is designed for mid-level and upper-level nonprofit leaders and those aspiring to leadership positions in all areas of the nonprofit sector. The seminar includes topics of particular interest to fundraising professionals. No background in financial management is required.

Topics include:

• Dashboard financial objectives
• Differences between businesses and nonprofits
• Board dynamics
• Financial strategies and revenue mix
• Funding dynamics and the economy
• Fundraising analysis
• Financial statements and financial ratio analysis
• Budgeting, long-range financial planning, and financial policies
• Cash flow management
• Liability and risk management

Agenda

Day 1

• Differences Between Businesses and Nonprofits, Dashboard Financial
• Objectives, Board Dynamics
• Budgeting
• Long-Range Financial Planning and Financial Policies
• Financial Strategies and Revenue Mix, Funding Dynamics and the Economy,
• Liability and Risk Management
• Financial Statements

Day 2

• Financial Ratio Analysis #1
• Diagnosing Your Organization
• Financial Analysis #2
• Fundraising Analysis: A Finance Perspective
• Cash Flow and Treasury Management
• Wrap-Up

ONLINE COURSE AGENDA

WEEK 1: FINANCIAL ANALYSIS IN THE NONPROFIT CONTEXT: THE ARENA IN WHICH WE PLAY

• Readings
• Narrated Presentation 1
• Quiz
• Assignment: Calculate Approximate Liquidity Target for City Mission
• Assignment: Financial Ratio Analysis of Public Charity (Assignment due Week 4)
• Assignment: Discussing Your Work

WEEK 2: FINANCIAL STRATEGIES AND PLANNING TOOLS: BUDGETING AND FINANCIAL PLANNING

• Readings
• Narrated Presentation 1 & 2
• Quiz
• Assignment: Understand and Evaluate Your Organization’s Operating Budget
• Assignment: Evaluate a Church’s Budget Report
• Assignment: Complete a Cash Budget in Excel
• Assignment: Discussing Your Work

WEEK 3: FINANCIAL STATEMENTS AND FINANCIAL RATIO ANALYSIS

• Readings
• Narrated Presentation 1 & 2
• Quiz
• Assignment: Financial Ratio Calculation
• Assignment: Calculating and Interpreting the Common-Size Statement of Financial Position
• Assignment: Discussing Your Work

WEEK 4: FINANCIAL MANAGEMENT, CONTROLS AND POLICIES

• Readings
• Narrated Presentation 1
• Quiz
• Assignment: Financial Ratio Analysis of Public Charity
• Assignment: Discussing Your Work
• Assignment: Course Evaluation