This highly interactive 60-minute webinar will cover: Building Financial Health The 3 Keys to Financial Health The board’s role in financial management How to understand financial statements (balance sheet, income statement, and budget) using your organization’s own reports Using…
Traditionally, Americans take this time of year to reflect on our good fortune. We spend a few moments being grateful. Publicly. We give our money. We give our time. We show gratitude and generosity to those we love and…
Congratulations!!! If you’ve kept up with this Procedures Manual production schedule, you are 3/4s of the way to completion. If you need to catch up, you can start here. After writing about insurance, only two sections will remain. Just in…
Now that you’ve successfully answered questions about providing financial reports to your board, let’s tackle the financial reports you must send to Uncle Sam and to your state government. When you finish this chapter, you will be 3/4’s of the…
Now that you have successfully written the chapter on Reviewing General Ledgers, it’s time to move to Financial Reports. These reports communicate your organization’s financial health to the board of directors. Reviewing them, understanding them and discussing them enables board…
Boards of Directors love to form committees. Committees can efficiently and effectively complete the work of the board. In some cases, that arrangement and construct makes perfect sense. Here’s one that doesn’t. The Finance Committee. Shocked? It’s not that…
This message is for funders. Listen up. I know that you are rarely told what to do by grantees. That wouldn’t be prudent. And other funders would never suggest how you should run your foundation. So I am stepping…
If you've built your reserves and now have some cash to invest in CDs, this spreadsheet can help you manage the timing of those investments. Make sure to keep about 3 months of cash on hand while putting the…
This is part 3 of the 3 Keys to Financial Health series. You can read part 1, Don't Borrow from Your Future here and part 2, Build Reserves in Good Times to Use in Hard Times here. 3) Your…
This is part 2 of the 3 Keys to Financial Health series. You can read part 1, Don't Borrow from Your Future here. 2) Build reserves in good times, so that you can use them in hard times. But…