The PNY Core: Financial Series is a set of perennial programs at Philanthropy New York that help funders understand how to assess organizational health through financial analysis. Designed for philanthropy professionals in any role, from trustee to staff, these interactive offerings help funders build their skills to analyze grantee financial documents.
In this session, learn how to analyze and evaluate nonprofit financial statements and know what questions to raise for further analysis. Walkthrough a set of sample financial statements, focusing on definitions and relationships of numbers. What are some “red flags” to consider? What’s changed since last year within the financial statements? The program will also offer some key ratio analyses to use when assessing the financial health of a nonprofit.
Who should attend?
Funders with less than two years of experience in the field – program-officers, CEOs, and other staff, as well as trustees. It is also recommended for experienced grantmakers seeking a refresher in the basic financial tools of grantmaking.
What will you learn?
Upon completing this session, participants will be able to:
- Demonstrate an ability to analyze an organization’s financial health through its audited financial statement
- Identify which notes to the financials are integral to your assessment of an organization
- Analyze an organization’s financial statements for potential red flags
- Apply ratios and formulas that will aid in the evaluation and comparison of nonprofit financials
- Identify what questions to raise with the grant applicant or grantee about their financials
- Scott A. Brown, CPA, Partner, PKF O'Connor Davies, LLP
- Anan A. Samara, Principal, PKF O'Connor Davies, LLP
What else should I know?
If you’re interested in this session, you might be interested in one or more of the following in the PNY Core: Financial Series:
- February 24 – Intro to Financial Statements
- March 3 – What to Look for in a Nonprofit’s Financial Statement
- March 10 – Looking at the 990 Part 1 of 2
- March 17 – Looking at the 990 Part 2 of 2
- March 24 – Using Financial Statements Together with IRS Form 990 to Understand Your Potential Grantees
- March 31 – 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.
How do I sign up?
Members: Please log in and click the Register Now link above (no fee).
Registration is required by March 2nd.
Registrants will receive the webinar link a day prior to each session.
Please email email@example.com with questions or for further information on this program or on eligibility.