Nonprofit Financial Management

Priority Reg: MIA and MPA. Nonprofits are businesses – corporations in fact – driven foremost by mission and their ability to achieve it, but also critically needing access to, and the ability to effectively manage, financial resources, in order to fulfill that mission. Therefore, successful nonprofits and their managers, supporters, overseers, regulators, and even their employees – basically anyone who has a financial relationship with nonprofits needs not only to understand the enterprise’s success in achieving its mission, but just as importantly, the skills to understand the nonprofit’s finances. If engaging with nonprofits is something you do, have done, or aspire to, then a basic understanding of nonprofit finances is essential, and this course is for you. The course provides an introduction to the finances of nonprofits: understanding and analyzing financial statements, budgets, cash flow, audits, overhead and cost allocation, and why these are all important. The course is practical, hands-on, and – believe it or not – fun! Please note: this course focuses on nonprofits and their financial management as regulated in the United States. While the concepts here have value globally, the legal and regulatory structures discussed are specific to the United States and may not be the same in other countries.