Center Events

Understanding and Assessing Financial Health

To be a financial leader, one must be financially literate. This webinar is designed to increase the financial literacy of leaders by removing the jargon so they can read and understand financial statements. This session will dive deeper into understanding the differences between cash and accrual accounting, highlighting the importance of monitoring cash flow. We’ll also use the financial statements to calculate key ratios to assess both immediate and long-term financial health. In doing so, we’ll discover important trending tools such as the current ratio and quick ratio, define and highlight the importance of reserves and lead a discussion on an appropriate level for reserves. 

*Templates include a full set of financial statement forms and key ratios to calculate for their own organization. A recording of the webinar will be made available to participants for two weeks following the live webinar date.

Financial Leadership Series

From not understanding the true costs of delivering their programs, to the complexities of cost allocation associated with public contracts, many senior leaders and board members are not yet equipped to be financial leaders. 

Join nonprofit finance guru Steve Zimmerman and his colleagues from Spectrum Nonprofit Services for this series. Based in theory but developed with an understanding of the day-to-day pressures and realities that nonprofit executives and board members face, Steve and his team will provide practical takeaways that you can implement immediately to strengthen your organization.

The series includes 6 webinars and one in-person workshop. You may register for individual sessions or the entire series at a discounted rate.

Program Fees Member Not-yet-member
Single webinar $30 $60
Webinar series (6 sessions) $120 $240
Webinar series with in-person session (April 16) $180 $360

 

 

 

 

Series Schedule

Session Topic Date & Time Format Details
Financial Leadership October 18, 10:00 AM Recording available to Series registrants through 11/1 Learn More
Understanding & Assessing Financial Health November 15, 10:00 AM Webinar Learn More
Determining True Program Cost & Profitability December 13, 10:00 AM Webinar Learn More
Revenue Strategy January 17, 10:00 AM Webinar Learn More
The Art & Science of Budgeting February 21, 10:00 AM Webinar Learn More
Telling Your Financial Story: Dashboard Driving March 20, 10:00 AM Webinar Learn More
The Sustainability Mindset April 16, 9:00 AM-noon In-person workshop, Concord location TBA Learn More

Presenters

Workshops will be presented by Spectrum Nonprofit Services, which helps nonprofits of all sizes maximize impact while increasing financial sustainability. 

Steven Zimmerman, CPA, MBA is the Principal of Spectrum Nonprofit Services where he provides training and consulting in the areas of finance and strategy for community-based organizations, foundations and government agencies throughout the country. Steve is a co-author of two books on nonprofit sustainability published by Jossey-Bass, The Sustainability Mindset: Using the Matrix Map to Make Strategic Decisions with Jeanne Bell of CompassPoint published in 2014 and the best-selling book Nonprofit Sustainability: Making Strategic Decisions for Financial Viability with Jeanne Bell and Jan Masaoka of CalNonprofits published in 2010.

Steve Strang, MPA is a Senior Consultant, Practice Director at Spectrum Nonprofit Services where he provides consulting and training in sustainability strategies for community-based organizations and oversees business development operations for Spectrum. Steve works with organizations to understand and measure their impact, define the market in which they work, and shape their business models to accomplish strategic goals. 

Shelly Schnupp, MPA is a Consultant with Spectrum Nonprofit Services. She specializes in nonprofit organizational and board capacity assessment, strategic and organizational planning, performance measurement and compliance, program analysis, development and outcomes measurement, and aspects of nonprofit governance and management.  

For more info about these presenters, click here

Funding for this series is provided by the New Hampshire Community Development Finance Authority L5 Capacity Building Program. 

Date/Time: Friday, November 15, 2019 - 10:00am to 11:00 am
Fees: Single webinar: $30 member/$60 not-yet-member; Webinar series: $120 member/$240 not-yet-member; Webinar series with in-person session: $180 member/$360 not-yet-member

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