- February 25 – Intro to Financial Statements
- March 4 – What to Look for in a Nonprofit’s Financial Statement
- March 11 – Looking at the 990 Part 1 of 2*
- March 18 – Looking at the 990 Part 2 of 2*
- March 25 – Using Financial Statements Together with IRS Form 990 to Understand Your Potential Grantees
- April 1 – Getting the Financial Information You Need Without Overburdening Grantees
* 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.
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.
10:00 AM - 12:00 PM Program
Registration is required by February 24th. Registrants will receive the webinar link a day prior to the program.
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 that we are offering the Financial Series virtually in 2021. Foundations outside the New York metropolitan area can take advantage of the 2021 virtual series for a fee. For more information, please email email@example.com.**
Please email firstname.lastname@example.org with any questions.
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.