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.

Schedule

Financial Analysis for Nonprofit Leaders is offered once a year in-person and online.

In-person Schedule

The in-person class is two days in length.

• Day 1: 8:30 a.m.–4:30 p.m.
• Day 2: 8:30 a.m.–4:30 p.m.

Online Schedule

The online course is four weeks in length.

Each week you'll have a course module to complete. Each module consists of:

• readings from a required textbook (details for purchasing the textbook will be provided upon receipt of registration)
• viewing pre-recorded narrated presentations
• completing a 10-question quiz where you must score a 7 or higher
• engaging in forum discussions with others
• and submitting assignments.

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