Nonprofit impact expert Derik Timmerman will share the nonprofit financial literacy essentials you need. You will learn how to steward your resources wisely while fulfilling your legal and ethical responsibilities.
Benefits of Certification
- Understand the details of financial management and reporting
- Expertly communicate about financial topics
- Earn a meaningful certification
- Advance your career
Training Overview
Become a Nonprofit Finance Rockstar. Earn your Nonprofit Financial Literacy Certification.
Each new quarter brings new reports and budgets, ensuring that financial activity will surround you all year long. But it doesn’t take an accounting degree—or even math prowess—to be a nonprofit finance Rockstar.
To help you master nonprofit finances, we have organized an information-packed and timely series of five webinars led by a nationally recognized expert. With the knowledge in this course, you'll take center stage to become the Ozzy Osbourne of financial literacy. The Nonprofit Financial Literacy Certification will enable you to:
- Understand the details of financial management and reporting
- Expertly communicate about financial topics
- Earn a meaningful certification
- Advance your career
Nonprofit Financial Literacy Certification
Session 1: Leadership Roles, Responsibilities, and Oversight
- Fiduciary duty
- Role, preparation, and oversight of a budget
- Roles of your board and executives
- Role of finance professionals
- Relationship between organizational priorities and financial oversight
Session 2: Accounting Terms, Processes, and Financial Reporting
- Types of financial statements
- Who prepares what
- Key questions you and your finance professionals should answer
Session 3: Utilizing Dashboards
- Key performance indicators (KPIs)
- Visual display and publishing of KPIs
- Structure and frequency of performance dialogues with staff and board
Session 4: Operational Planning and Budgeting
- Ten steps to creating a budget
- Walkthrough of an actual budget template
- How to avoid the “tweak last year” trap
- How to handle mid-year financial surprises
Session 5: A Culture of Stewardship
- Reviews and audits
- How to create a culture of transparency, stewardship, and accountability
- Questions every board should ask its executive director
Who Should Attend?
|
|
Expert Presenter
Derik Timmerman
- Founder of Sparrow Nonprofit Solutions
- Former management consultant at McKinsey & Company
- Served as a US Army Intelligence Officer with two combat deployments
- Successfully raised over $3 million in funds
- Board member at numerous nonprofits
- Served as an Executive Pastor
- Certified Fundraising Executive (CFRE)
- Graduated in the top 10% of his West Point class
- Masters in Divinity from Liberty University
- PhD in Philosophy of Religion from Southeastern Baptist Theological Seminary
See What Others Are Saying:
CareerLearning Quality Commitment
CareerLearning wants you to be satisfied with your purchase. If this program does not meet your expectations, email us at support@careerlearning.com.