Bolderbiz Nonprofit Finance

Strategies, Techniques, and Tips

Last updated 2022-01-10 | 3.9

- Create and define a nonprofit’s vision and mission statements
- Understand different types of budgets and their pros and cons
- Be able to create different types of budgets

What you'll learn

Create and define a nonprofit’s vision and mission statements

Understand different types of budgets and their pros and cons

Be able to create different types of budgets

Address organizational needs for a cash reserve

Establish internal controls to combat misuse

Be able to identify the different types of costs and their impact to a nonprofit budget

Recognize the most commonly used financial statements

Identify alternative revenues sources

Understand the meaning and use of liquidity ratios

Understand the meaning and use of solvency ratios

Understand the meaning and use of efficiency ratios

Understand the meaning and use of profitability ratios

Understand the meaning and use of diversification ratios

Analyze nonprofit financial statements

Learn nonprofit funding models that can diversify nonprofit incom

Build a stable income stream for a nonprofit

Identify the signs that can leave nonprofit assets vulnerable to internal or external misuse

Provide staff and volunteers with a strategically developed mission and vision

Understand tax filing basics

Develop a long-term perspective on nonprofit finances

* Requirements

* Basic computer knowledge
* A willingness to learn

Description

Create and define a nonprofit’s vision and mission statements
Understand different types of budgets and their pros and cons
Be able to create different types of budgets
Address organizational needs for a cash reserve
Establish internal controls to combat misuse
Be able to identify the different types of costs and their impact to a nonprofit budget
Recognize the most commonly used financial statements
Identify alternative revenues sources
Understand the meaning and use of liquidity ratios
Understand the meaning and use of solvency ratios
Understand the meaning and use of efficiency ratios
Understand the meaning and use of profitability ratios
Understand the meaning and use of diversification ratios
Analyze nonprofit financial statements
Learn nonprofit funding models that can diversify nonprofit incom
Build a stable income stream for a nonprofit
Identify the signs that can leave nonprofit assets vulnerable to internal or external misuse
Provide staff and volunteers with a strategically developed mission and vision
Understand tax filing basics
Develop a long-term perspective on nonprofit finances

Course content

7 sections • 28 lectures

Introduction 3 lectures

Lesson 1 - Intro Preview 02:22

In this introduction we discuss what will be covered in this course, the instructor, and the company.

Lesson 2 - Nonprofit Preview 09:11

Identify the different nonprofits and their characteristics; the required nonprofit tax forms; and various online sources used to obtain information about nonprofits

Lesson 3 - Mission Preview 08:55

In this lesson we discuss the purpose and criteria for a well-developed vision and mission statements.

Budgets 4 lectures

Lesson 4 - Budget Intro Preview 05:43

In this lesson we define a nonprofit budget, provide common nonprofit budget terms, and view nonprofit leadership roles.

Lesson 5 - Budget Formats Preview 16:03

In this lesson discuss budget formats and the formats most commonly used by nonprofits.

Lesson 6 - Budget Cycle Preview 13:51

In this lesson we discuss the nonprofit budget cycle and how it functions.

Lesson 7 - Budget Reports Preview 14:47

In this lesson we discuss nonprofit budget reports, their functions, and best practices.

Cash & Cost 4 lectures

Lesson 8 - Cash Flow Preview 17:59

In this lesson we discuss strategies in order to maintain a positive cash flow.

Lesson 9 - Cash Reserves Preview 08:54

In this lesson we discuss establishing a cash reserve, what actions to consider in case of a cash deficit, and what actions to consider in case of a cash surplus.

Lesson 10 - Cost Types Preview 15:13

Knowing the true cost of a program/service is integral to a nonprofit. This lesson reviews the different types of nonprofit costs and how to leverage this information when required by funders and/or other stakeholders.