Financial Series: Intro to Financial Statements

Thursday, February 27, 2020 -
9:00am to 11:00am EST
Philanthropy New York; 320 East 43rd Street, NYC 10017
This event is for members only.
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This members-only program is a part of the Financial Series (Fundamentals to Financials) from our PNY Core:

* 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.

PNY Members: Log into your Philanthropy New York account to view the available recordings of the 2020 Financial Series.

In this premiere 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.

Intended Outcomes

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)


Designed for

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 26th. 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)

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 with any questions.