Financial fitness is
just as important for non-profit organizations as for
businesses. The only way to accomplish an organization’s
mission is to have the staff and resources to do so. To
achieve that requires funding and a sound financial plan.
When consulting with
non-profits, Balancing Act’s focus is on creating
workable financial systems, developing understandable
financial reporting and training board and executive
leadership about financial best practices.
Too often, an
organization’s finances are not given the priority they
need. Sustainability and capacity building need to be
supported by a financial plan that allows you to fulfill
your mission.
For more information
about our consulting services, email Connacht by
clicking here.
We also provide Teleclasses that are focused on non-profit
financial leadership needs. As with our business classes,
these are one hour web & telephone based courses that make
learning convenient and easy to add into a busy schedule.
All Teleclasses are
led by Connacht Cash, CFP®.
With over 20 years of experience as both a board member and
consultant, she understands the challenges of
running a non-profit organization first-hand and knows how to assist in
building a secure financial base for your organization.
All Teleclasses come
with a money back guarantee, so there’s no risk!.
Our Non-Profit Teleclass schedules
are listed below.
Sign up today to
get the knowledge you need to build your organization's
capacity!
Teleclass Schedule
Financial Reporting Basics for Board Members
Understanding
financial statements is critical for non-profit success and
Board Members are being held to increasingly strict
standards about their financial decisions. Following
financial best practices isn’t an option, it’s a
requirement.
This course will
help you to understand the basic financial statements you
should have and why, including examples of necessary monthly
reports. Good financial management and oversight will help
your non profit to thrive and help you to make sound fiscal
decisions.
Designed for
non-financial board members, this course gives you the tools
you need to understand the financial health of your
organization so you can make effective decisions.
Making Financial Sense of Fundraising Events
Thinking of holding
a fundraiser? Events come with certain financial risks and
this course will teach you how to evaluate the risk and the
reward for your events.
Running a successful
event is complex. You need to project expenses, dealing with
insurance, assess the number of volunteer hours required,
determine potential market size, price tickets, negotiate
contracts and set sponsorship fees. This can be daunting and
time consuming. Before you commit, understand the variables
and how to evaluate your potential for financial reward.
This course will
give you a financial structure to use when planning events
so you can make an informed decision about whether or not to
proceed.
Analyzing Sources of Non-Profit
Revenue
Do you have a
healthy mix of funding sources? Or are you overly dependent
on one segment of income? What can you do to change your
situation and reduce your financial risk?
We’ll address these
issues in this Teleclass and help you to understand why you
need to set and achieve a variety of income targets for your
non-profit. If you’re a board member or executive of a small
to mid-sized non-profit, this workshop will help you to be
proactive in protecting your organization’s financial
future.
