About this event
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Six session webinar series presented by the Nonprofit Finance Fund
To set context, this series first explains the counter-intuitive, upside-down financial system in which nonprofits operate and then offers crash course in reading nonprofit financial statements. Building off these key concepts, participants then explore the most common nonprofit business choices and the way in which these choices should be managed across leadership roles within the organization.
Operating in a Flawed System
February 2, 2016 at 12:00 PM Pacific
The “money rules” are often reversed in the nonprofit sector and this 60-minute webinar provides a functional understanding of the challenging economic system in which nonprofits operate, such as revenue restrictions and upside-down business models. The webinar concludes with an exploration of the new, post-recession operating environment facing nonprofit leaders—characterized by the four horseman of the nonprofit financial apocalypse!—and the ways in which our traditional business models and assumptions must adapt to succeed in the future.
Assessing Nonprofit Financial Health
February 9, 2016 at 12:00 PM Pacific
To make good decisions, leaders not only need accurate, up-to-date, and clear financial information, but also the ability to interpret and use this data to inform decision making. This 60-minute webinar explores the fundamentals of nonprofit finance so that nonprofit leaders and managers feel better equipped to interpret nonprofit financial statements (paying special attention to the balance sheet and income statement) and assess their organizations’ financial position.
Planning for Effective Capitalization
February 16, 2016 at 12:00 PM Pacific
To be “well capitalized” a nonprofit needs to address three key components of financial health: liquidity, adaptability, and durability. As such, nonprofit organizations need cash on hand to support operations and manage risk, separate funds to support major changes in to the business model or programming, and adequate resources to support long-term infrastructure upkeep and facilities needs. This 60-minute webinar addresses the basics of capitalization and key distinctions between the types of resources (“build” money vs. “buy” money) that can help organizations achieve their goals.
Finance Across the Enterprise
February 23, 2016 at 12:00 PM Pacific
Nonprofit finance does not exist as an entity separate from an organization’s programs; rather, it is the bedrock on which all successful programs are built. Likewise, an organization’s finances are a key driver of many management activities. This 60-minute webinar offers NFF’s perspective on effectively integrating financial management practices into organizational management, including governance, fundraising, and strategic planning.
Business Choices Part 1: Growth, Earned Income Ventures & Endowments
March 1, 2016 at 12:00 PM Pacific
Throughout the nonprofit life cycle, most managers will face a common set of business opportunities and challenges. In this 60-minute webinar, NFF will explore the conventional wisdom applied to these decisions and help nonprofit leaders to clearly assess the pros and cons of the following:
- Growing the organization
- Launching an earned income venture or social enterprise
- Building an endowment
Business Choices Part 2: Facility Ownership
March 8, 2016 at 12:00 PM Pacific
A common myth in the nonprofit sector asserts that facility ownership is a stepping stone to financial stability—but a poorly planned facility project can wreak havoc on an organization’s balance sheet and mission. This 60-minute webinar explains the effects that real estate ownership can have on an organization’s mission, programs, operations, fundraising and financial health. To close the session, participants will learn to assess their own organization’s readiness to execute a well-planned facility project.
Registration Options
Six Session Series: $382.50
Individual Session: $67.50 NAO Members, $75 nonmembers
NAO Members – find the discount code on NAO’s Member Only Page (you must be logged in to access this page.)
Additional Information
Registration for this event is through The Nonprofit Finance Fund, our partner for this training.
Please register with the email address where you would like to receive the access and dial-in information for the online seminar.