Know Your Numbers: Your Guide to Nonprofit Financial Statements

Nonprofit Board members, executives, and management staff of nonprofit organizations need a solid understanding of the organization’s financial statements to successfully plan for the future, build capacity, and preventing loss or fraud.
You will learn:
-What are financial statements
-What documents should be included
-How to understand the information in the statements
-Cash vs Revenue
-“Red flags” and other warning signs
Money = mission, so come learn your way around nonprofit finances!
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Meet the Speaker
Todd L’Herrou
Director of Accreditation
Todd L’Herrou is the Director of Accreditation at Nonprofits First, the leading resource for strengthening the administrative and operational capacity of nonprofit organizations in the community. Todd has worked in nonprofit management for many years, and currently directs Nonprofits First’s Accreditation program as well as their leadership development programs. He served on boards of not-for-profit organizations for over 30 years and his research has been published in the journal Nonprofit Management and Leadership.

[@SaltAndSandConsultingFirm]

Thank you for sharing this knowledge with all of us! Very useful- thank you for all you do and for the difference you are making in the nonprofit world!

[@hannahhannahb9650]

Excellent overview--thank you so much for sharing this information

[@yubakafle]

Really great explanations.

[@yuegu9173]

Also, could you maybe address what I should pay attention to when analyzing the net position of a higher education institution (like a public university)? And what are the ratios I should look into?

[@NMcCauley]

For charitable non-profits, are the financial statements publicly available? For example, if i wanted to look into one of the non-profits, how do i find their financials ?

[@Viper4ever05]

You might find it on their website but I believe they will send you a copy if you want to donate a significant amount.

[@yuegu9173]

Thanks for the detailed lecture. Where can I download the slides please?

[@achievecauses]

www.achievecauses.com/know-your-numbers-your-guide-to-nonprofit-financial-statements

[@taxforsme5178]

Thank you so much

[@jenniferstanton8270]

what program's would you use to create these statements?

[@achievecauses]

The financial statements shown in the video were generated by Quickbooks, but most accounting software products will generate the same reports.