- February 21 – Intro to Financial Statements
- March 7 – What to Look for in a Nonprofit’s Financial Statement (Snow Day: March 11)
- March 14 – Looking at the 990 Part 1 of 2* (Snow Day: March 18)
- March 21 – Looking at the 990 Part 2 of 2* (Snow Day: March 25)
- March 28 – Using Financial Statements Together with IRS Form 990 to Understand Your Potential Grantees (Snow Day: April 1)
- April 4 – Getting the Financial Information You Need Without Overburdening Grantees
- April 11 - The IRS Form 990 as a Tool for Understanding Organizational Capacity
* Financial Series: Intro to Financial Statements is a prerequisite for those who are new to assessing finances. The four-part Interpreting Financial Statements curriculum requires a basic understanding of both documents. Due to the intensive nature of this session, it will not be offered via remote access.
In this Primer to the Financial Series, participants will get a peek into how a grantee assembles the financial statements and the stories they tell. It is a broad overview for all newcomers who must work with nonprofit organizations’ financial statements to assess financial health.
Upon completing this session, participants will be able to:
- Understand the basic components of the financial management function
- Explain the difference between internal and external financial reporting
- Define the building blocks of financial statements: transactions and accounts (assets, liabilities, net assets, revenue and expenses)
- Explain the purpose of an audit and the audit process
- Define the four basic parts of an organization’s audited financial statements (balance sheet, income statement, cash flow statement, and footnotes)
- Rachel DeMatteo, Manager, Your Part-Time Controller, LLC
- Eleanor (Ellie) Hume, Senior Manager, Your Part-Time Controller, LLC
Funders who are new to assessing nonprofit financial data for whom financial due diligence may be a component or desired component of the grantmaking process. It is also recommended for more experienced grantmakers seeking a refresher in the fundamentals to reviewing financial statements.
8:45 - 9:00 AM Check-in
9:00 - 11:00 AM Program
Registration is required by February 20th. Space is limited.
Members: To register yourself and/or a colleague at your organization, please log in and click the Register Now link above. (no fee)
Non-Member Funders: Please email email@example.com ($150 fee).
Please note: To ensure fairness among our members, we reserve the right to limit the number of attendees per organization for select professional development programs.
Please email firstname.lastname@example.org with any questions.