Mastering the Basics of Nonprofit Financial Management
August 13, 2021
8:30 am - 11:30 am EST
Telling Your Nonprofit Financial Story
August 27, 2021
8:30 am - 11:30 am EST
Not only are nonprofit leaders tasked with consistently balancing financial resources with mission priorities, they must also communicate about their organization’s social and financial performance in a way that will inspire confidence and attract support. However, with limited accounting staff and multiple sources of financial information to manage, nonprofits often struggle to tell a clear, compelling financial story that distills the data and motivates audiences to continued action.
In this interactive series, nonprofit leaders will learn how to manage financial issues and responsibilities with excellence and tell a compelling story with authenticity and transparency.
This series is for those who are entrusted with the management and reporting of the organization’s financial portrait to the community.
These classes are made possible with generous funding from:
With additional support from Community Foundation of Tampa Bay & Wells Fargo
Session 1: Mastering the Basics of Nonprofit Financial Management
Virtual-August 13, 2021 8:30 am-11:30 am EST
The first session in this two-part series focuses on getting your internal financial house in order. You will learn the foundation of good financial management, including basic accounting principles and terminology. You will also gain an understanding of basic nonprofit financial statements and explore how to develop internal procedures that ensure sound financial management.
After participating in this session, you will:
- Understand key accounting terms
- Know how to review and analyze financial data, including: nonprofit financial statements (balance sheets, income statements and functional expenses), cash flow statements, and dashboards/key performance indicators
- Be able to develop sound internal controls, including best practices for the division of duties
- Explore the budget process and identify guiding principles in budget development
Session 2: Telling Your Nonprofit Financial Story
Virtual-August 27, 2021 8:30 am-11:30 am EST
During the second session in this series, you will take the knowledge you learned during the first workshop and apply it to your board of directors and external storytelling.
Nonprofit boards have a fiduciary responsibility to protect their organization’s assets, including understanding your organization’s overall financial picture. During this interactive course, you’ll explore the fiduciary responsibility of boards.
Following this session, you will:
- Understand the role of boards of directors in financial oversight and their fiduciary responsibilities
- Have knowledge about critical financial issues facing nonprofits, including economic trends and indicators
- Understand audited financial statements, including the IRS Form 990
- Know more about Charity Navigator and how the organization determines its ratings
- Be ready to share your financial information in a way that tells a compelling, accurate and transparent story to the public
Virtual-August 13 & 27, 2021 | 8:30 am-11:30 am EST
$216.00 Only $69.00 each (when logged in) thanks to the support of our partners and funders
Please note that registration will close at 11:55 pm EST on August 10 & 24, 2021.
Nancy M. Ridenour , CPA, CFE, CFF has extensive experience in auditing, forensic accounting, and fraud investigations. Nancy has over 23 years experience in public accounting and is a shareholder with PDR Certified Public Accountants. From an industry perspective, she focuses on not-for-profit organizations, senior housing, and healthcare. Nancy is a member of the American Institute of Certified Public Accountants (AICPA) and the Florida Institute of Certified Public Accountants (FICPA). Nancy is a volunteer/program presenter for the Nonprofit Leadership Center of Tampa Bay – providing training for board members. Nancy is a Certified Fraud Examiner and member of the Association of Certified Fraud Examiners.
Nancy is currently active on several not-for-profit boards including: Morton Plant Mease Health System, Homeless Empowerment Program, Advocare Trust, Mease Manor Retirement Community, Random Acts of Flowers of Tampa Bay, Diocesan Finance Council for the Diocese of St. Petersburg, FL, and Pinellas County Health Facilities Authority. She also serves on the audit committee for Community Foundation of Tampa Bay and BayCare.
CFRE Continuing Education Points
Session 2 is applicable for 3.0 points in Category 1.B – Education of the CFRE International application for initial certification and/or recertification.
If you need special accommodations to participate in any of our classes or events, please contact us at 813-287-8779.
Visit the Registration & Payment Policies page for answers to many questions regarding payment, attendance, substitutions, cancellation and refunds.
There may be photographing of the training for use in our marketing materials. If you do not wish to be captured on film, please alert staff when you check in for class.
Zoom details will be provided to registrants about one week prior to the training date.