What to Look for in a Nonprofit’s Financial Statement

When: 
Thursday, March 21, 2013 -
8:45am to 11:00am EDT
Where: 
Philanthropy New York, 79 Fifth Ave., 4th floor, NYC
Philanthropy New York, 79 Fifth Ave., 4th floor, NYC
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Learn how to analyze and evaluate nonprofit financial statements and know what questions to raise for further analysis. Walk through a set of financial statements, focusing on definitions and relationships of numbers.  A brief history of GAAP, as it applies to Not-for-Profit organizations, will also be presented. The program will also consider "red flags" and offer some ratio analyses to use when assessing the financial health of an organization.
 

Explore

  • Train with an accountant eminent in the nonprofit sector.
  • Learn the basics of reading and interpreting financial statements.
  • Spot red flags as well as signs of an organization's financial health.
  • Familiarize yourself with ratios and formulas that will help you evaluate and compare nonprofit financials.
  • Know what questions to raise with the grant applicant or grantee.
  • Gain a better understanding of which notes to the financials are integral to your assessment of the organization.
 
Part of Philanthropy New York's series "Not for New Grantmakers Only" and Financial/Tax Analysis.
This program is "Partially Open."
 
 

Presenter

  • Candice Meth, Senior Manager, Not-for-Profit Services Group, EisnerAmper LLP
 

Designed for

Funders with less than two years’ 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.
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Issue-Based