Assessing Nonprofit Financial Health

Understanding the financial health of both current and prospective grantees is a critical part of the grantmaking process. Nonprofit organizations face increasing financial challenges in today’s operating environment and in order to make sound funding decisions, grantmakers must have a firm grasp of the story told by the numbers. Focusing on effective approaches to reading and interpreting audited financial statements and the IRS Form 990, this course will equip grantmakers to understand their grantees’ financial reality, with concepts and tools applicable to grantees across a range of mission areas and business models.

Key concepts covered in the workshop will include:

• Understanding audited financial statements
• Discussion of key indicators of financial health
• Calculating financial metrics using an Excel-based “Nonprofit Financial Health Analysis” tool (provided as a takeaway for all participants)
• The differences between the Form 990 and audited financial statements
• Understanding the true cost of grantees’ programs

Facilitators:

Mae Hong, Rockefeller Philanthropy Advisors

Gretchen Upholt, BDOFMA

Hillary Dale, BDOFMA

Melissa Cameron, BDOFMA

This is a multi-day program – March 16 & March 17, both days from 9:00am to 11:30am.

Registration cost is $175 public/ $85 for Forefront Members.