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SUMMARY:Assessing Nonprofit Financial Health
DESCRIPTION: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. \nKey concepts covered in the workshop will include: \n\nUnderstanding audited financial statements\nDiscussion of key indicators of financial health\nCalculating financial metrics using an Excel-based “Nonprofit Financial Health Analysis” tool (provided as a takeaway for all participants)\nThe differences between the Form 990 and audited financial statements\nUnderstanding the true cost of grantees’ programs\n\nFacilitators: \nMae Hong\, Rockefeller Philanthropy Advisors \nGretchen Upholt\, BDOFMA \nHillary Dale\, BDOFMA \nMelissa Cameron\, BDOFMA \nThis is a multi-day program – March 16 & March 17\, both days from 9:00am to 11:30am. \nRegistration cost is $175 public/ $85 for Forefront Members.
URL:https://myforefront.org/event/grantmakers-institute/
CATEGORIES:General Public,Grantmaker Program
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