Workshop Facilitated by Nancy Burd

No matter your size or sector, every nonprofit’s financials tell a story of how they operate, what they are worth and how they make strategic decisions about their future. Today more than ever before, a nonprofit’s finances must be able to withstand intense scrutiny, as the responsibility for financial well-being and oversight rests on the knowledge and competence of executive and finance staff and Board members.

This full-day program on the Board’s role in managing the organization’s money and understanding the nuances of nonprofit finance includes: best practices in financial management; understanding ratios, tips and trends; and prepares participants to be more fully engaged in forming financial strategy and setting policies and procedures. Participants will be provided with tools to develop long-term sustainability and limit risk by better understanding budgets, income statements and balance sheets, and by creating effective Board policies and procedures. Organizations will use their own financial statements to heighten the hands-on practical experience. Some pre-reading will be required. This workshop is best suited for the Executive Director, the Executive Committee, Development Chair, Board Treasurer, members of the Finance Committee and CFO or equivalent.