Whether or not you come from a financial background, every nonprofit staff member must have a basic understanding of finance in order for your organization to run smoothly and meet its goals. Board members, managers, supervisors, staffers and even volunteers need this knowledge in order to: oversee important financial decisions, better utilize resources, operate within a budget, make sound decisions, deliver services, maintain the premises, work towards the mission and more. Without aligning certain policies, financial knowledge, and attitudes, staff may not have the best grasp of what is actually involved in making your organization run and might even hurt your cause as a result. It is therefore crucial that each member of your staff fully understand finance basics in order to maintain a fiscally responsible organization, achieve your mission and avoid unintended liability.
Please join Chris Martinez as he defines and simplifies nonprofit finance, financial reports and statements. Learn basic terms, tools, and applications for monitoring and improving your organization’s overall performance in order to help impact your mission and objectives.
WHAT YOU'LL LEARN
Just a sampling of what this webinar will cover:
- How nonprofit organizations work
- Review and how to read the IRS Form 990
- The three basic financial statements and how to use them
- Expenses vs. Revenue
- Restricted vs. unrestricted revenue
- Development plans
- Discussion of accounting terminology and processes (debit, credit, expense, etc.
- Learn about governance and management of financial responsibilities and roles
- See how to use financial information for operational planning and budgeting
YOUR CONFERENCE LEADER
Your conference leader for “Simplifying Nonprofit Financials: Overview for Non-Finance Officers” is Chris Martinez. Chris is a current executive director and has served as a consultant, trainer and speaker for nonprofits throughout the U.S. His nonprofit experience spans more than 15 years and includes senior executive and leadership positions with healthcare, education, military and social services programs. Chris has been a national director for a program that mobilized thousands of military and civilian veterans across the country in just three short years. Chris has been the chief development officer for a $90MM social services agency and managed multi-campus educational programs across state lines. Chris has served as an elected volunteer for the Board of Education for Ferguson, MO and each year leads his family of 5 in community service projects on their annual summer vacation – volunteering in each city they stop while on their “vacation for Good”. Chris has overseen over 1500 commercial and nonprofit events and has spoken alongside former Secretary of Education Arne Duncan, and president of the Target Foundation Laysha Ward, among others. Chris holds a master in international business from Saint Louis University and certification in nonprofit administration from Georgetown University. Chris is a believer in social profit.