Healthy, sustainable nonprofits have sound organizational processes to effectively manage financial resources and deliver on their missions. Charitable nonprofits are created and maintained for the benefit of the public, and are expected to work in ways that are responsible, ethical, and transparent. Board members, staff and volunteers are all stewards of the organization’s mission and resources and should be accountable to the highest standards.
Below are resources that support nonprofit financial management to include financial oversight, internal controls, and budgeting.
Board Finance Workbook – NAO
This workbook is designed to develop, enhance, and refine the finance skills of your nonprofit organization’s board of directors. You’ll find ten exercises that provide practical tools and assessments that your board can use to strengthen their financial skills and the oversight roles that you play in keeping your nonprofit financially solvent.
Financial Oversight
- Nonprofit Financial Management Self-Assessment Tool – NAO
- Nonprofit Health Check Worksheets – NAO
- Essentials of Nonprofit Financial Management – The Charity CFO
- Finance Fundamentals for Nonprofits – Nonprofit Finance Fund
- StrongNonprofits Finance Toolkit – The Wallace Foundation
Finance Committees
- Finance Committee Charter Sample – AICPA & CIMA
- ORCID Finance Committee Charter – Board Committee
Internal Controls
- Financial Control Recommendations for Small Nonprofits – Oregon Department of Justice
- Internal Controls for Nonprofits – National Council of Nonprofits
Budgeting & Reserves
- Budgeting for Nonprofits – National Council of Nonprofits
- Operating Reserves for Nonprofits – National Council of Nonprofits
- Nonprofit Budgeting: Understanding the Basics – Jitasa
- Nonprofit Budgeting Course – Jitasa (free)
- Budgeting Course for Nonprofit Organizations – HRCI Learning Center
NAO Training
NAO offers ongoing trainings through a robust training and development program to skill up nonprofit leaders, staff and volunteers. Topics include finance, fundraising, legal, human resources and more.