Financial Management

Financial Management is one of eight day-long Fundamentals courses offered annually, teaching practical knowledge and skills in core competencies that every nonprofit leader needs to know.

Click here for an overview of Nonprofit Fundamentals

Course Description

Being able to analyze and understand where you are and where you are going financially has never been more important for nonprofit organizations.  We all have to control costs, manage income, and keep organization leaders fully informed of the changing financial picture.

Learning Objectives

This course provides accessible information and practical tools including:

• Record keeping - best practices to implement
• Essential financial documents - what they are, how to create and maintain them
• Organization and project budgeting, including scenario planning based on today's uncertain funding streams
• How to calculate program costs
• Fiduciary responsibilities of the Board, including how to present financial statements

You'll also get an overview of the Nonprofit Lifecycle, Four Core Capacities, and Organization Culture - a proven model for effectiveness based on the success of hundreds of other nonprofits.

At the end of the day, you'll set priorities for steps you can take to implement improved financial management at your organization.

Follow-up Support

After the completion of the course, attendees can access coaching from the instructor in order to help apply what's been learned to the needs of their organizations.  (You must be affiliated with a WNC nonprofit in order to access this support at no extra cost.)

Who should take Fundamentals - Financial Management?

This course is appropriate for organizations of any size or developmental stage.  Bring a colleague, so together you can be most effective at implementing what you learned after the course is finished

Instructor: Kathi Ballard is a 20-year veteran nonprofit professional. She has successfully guided start-ups and established organizations and has recently worked with a number of challenged organizations.  She is an experienced workshop leader.