All About Boards: Financial Fitness 2020

Dates

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While nonprofit success is measured in more than just dollars, board members must maintain a close eye on the financial direction of the organization and its economic stability if they are to truly fulfill their responsibility. This session will help board members gain a better understanding of their financial stewardship responsibilities and give them a starting point for comprehending key financial data.

Participants will learn about:

Protecting the Nonprofit

  • Asset protection
  • Internal controls
  • Risk management

Managing the Nonprofit

  • Understanding financial statements
  • Creating a budget
  • Board and management reporting
  • Investment management

Level: Beginner-Intermediate

Target Audience: Board Members, Executive Directors, board support staff and those interested in learning about becoming a volunteer board member

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