Understanding Liquidity and Cash Flow Management (Webinar)

Please join Forefront and BDO Nonprofit & Grantmaker Advisory for this virtual training and take a deeper dive into cash flow planning including understanding how liquidity impacts financial health and learning how to implement a cash flow management tool.

Maintaining adequate cash flow is a key component of ensuring the financial health and stability of any nonprofit organization. In this workshop, we will explore how cash is a critical component of an organization’s capital structure and discuss strategies to maximize positive cash flow. This workshop will take participants through a step-by-step process to project future cash flow, with an emphasis on the cross-functional team collaboration necessary to create and update projections. As a takeaway, participants will be provided with a tool to calculate key liquidity metrics for their own organizations as well as a template for creating cash flow projections.

Key focus areas for this workshop will include:

• Creating and updating rolling cash flow projections as part of your financial planning and monitoring process
• The importance of maintaining sufficient liquid operating reserves
• Key liquidity metrics and benchmarks to calculate and monitor for your organization

Intended Audience: Anyone seeking an introductory understanding of key liquidity metrics or cash flow management. This training is aimed primarily at those who have little to no experience with government funding.

Speaker:

Melissa Cameron, Experienced Manager, BDO Nonprofit & Grantmaker Advisory Melissa specializes in delivering BDO Nonprofit & Grantmaker Advisory’s trainings for nonprofits and funders. With several years of experience in nonprofit arts administration roles (with Emerald City Theatre, the League of Chicago Theatres and American Theater Company), she leads content development and delivery standards for our operations training curriculum. Melissa has a passion for data and maximizing the power of Excel and puts that knowledge and experience to work building dashboards, annual budget templates, and multi-year financial models for BDO clients.

Spanish interpretation available by request. Please contact registration@myforefront.org no later than Friday, March 29.