Financial Analysis for Nonprofit Leaders
Lilly Family School of Philanthropy
How long?
- 2 days
- in person
What are the topics?
Lilly Family School of Philanthropy
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Full disclaimer.About the course
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.
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. This seminar will provide participants with a strong foundation in the following topics:
- 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
Videos and materials
Financial Analysis for Nonprofit Leaders at Lilly Family School of Philanthropy
Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.