Understanding a Nonprofit’s Financials and the True Cost of Programs

This is the second session of the Assessing Financial Health Virtual Training Series.

Participants will learn how to review internal financial documents—and the inherent challenges—and what these documents communicate about an organization's financial health. We will also explore the importance of nonprofits covering the true costs of their operations and how to understand an organization's indirect cost rate. With this as context, we will explore the approaches funders can use to support nonprofits' financial resilience and how to use information garnered from the financial review process to foster supportive, grantee-centered conversations. Participants will develop the following skills upon completing this session:

• Identify key takeaways from internal financial statements
• Understand the true cost of nonprofit operations and how funders can support organizations with indirect cost policies and practices
• Recognize how to support financial health through various grantmaking approaches
• Use the financial health assessment tool to prepare for conversations with grantees

Date and Time:

October 17, 2024

1:00 pm – 3:00 pm EDT

Event Pricing and Access:

• Organization Members: $75 per session
• Consultant Members: $75 per session
• Individual Members: $150 per session
• Nonmembers: $150 per session

Participants can register for multiple sessions in the Assessing Financial Health Virtual Training Series. Please register for each session individually. Please note that sessions in this learning series will not be recorded. If you register for a session, plan to attend live.