ML252 Your Money and Your Mission: Successful Financial Management in Challenging Times

This practical hands-on course offers nonprofit leaders techniques to successfully manage their organizations through challenging times. In this course participants will:

• Review the key parts of nonprofit financial statements, and how this data can be best used for making sound financial decisions.
• Learn how to manage cash flow and credit to position the organization for financial strength in both the short and long term.
• Participate in a case study on how to evaluate revenue and expenses tied to each program, to help better inform fundraising strategies and other management decisions.
• Discuss how to develop practical scenario plans to successfully guide the organization through volatile times.

The purpose of this workshop is to help nonprofit leaders develop and use financial information to make better — and often difficult — decisions, and to better communicate their financial story to funders, board members and other stakeholders. Participants will leave this class with tools that will help them apply improved financial management and strategic practices within their organizations.