Dirty, Sexy Money: Nonprofit Finance Fundamentals
Share |
 Dirty Sexy Money logo

 Financial Management Training Series

Nonprofits have an obligation to act as responsible stewards in managing their financial resources. Nonprofits must comply with all legal requirements related to financial matters. They should adhere to sound accounting principles that ensure fiscal responsibility and build public trust. Nonprofits should use their financial resources to accomplish their missions in an effective, efficient manner and should establish clear policies and practices to regularly monitor how funds are used. - Guidelines & Principles for Nonprofit Excellence

Check out our Training Calendar for upcoming training dates

 Series Overview

Functional Accounting
Learn the foundational elements of functional accounting so you can create, manage and track organizational and grant budgets, and report accurate financial information to the board, funders. the IRS, and auditors.
Finance Committees & Financial Statements
Learn about the role of the finance committee in a nonprofit organization, its relationship to the Board of Directors, and how to read and interpret nonprofit financial statements.
IRS Form 990
The Form 990: sometimes a simple postcard and other times a long, intimidating form that all nonprofits are required to file on an annual basis.  Learn how to review a Form 990 so you can ensure the IRS form prepared for your organization accurately reflects your operations.
Audits & Internal Controls

Developing good internal controls is a key component of effective financial management. Learn how to develop good internal controls to deter fraud and improve accountability. Learn the ins-and-outs of nonprofit audits and how to work with an auditor. The session will bring together the viewpoints of both the auditor and the financial manager.

QuickBooks Full Day Workshop
 Your accounting software is the key to recording and classifying revenue and expenses, tracking grants, and producing financial reports for your finance committee and board, the IRS and auditors. Lunch is included in this hands-on training.
Leveraging Technologies for Efficient Financial Management
There are dozens of web-based applications available today that can make your existing processes more efficient and effective.  Translation?  Major time-savings for you and your Board members!  We’ll cover some of the popular options out there that sync seamlessly with QuickBooks Online: Bill.com, DonorPath, LastPass, SmartVault, and more.
Grant Budgets & Management
The critical component in any grant application is the attachment called “The Budget.” When the budget raises more questions than provides answers, the grant will be in deep trouble despite any merits the program promises.  Tracking grant awarded funds is an important component of stewardship.  This session will include a discussion of how to create solid grant budgets, track monies and develop a final report that contrasts the budget to actual results, a key to successful renewals and obtaining new grant dollars.
Net Assets & Contributions
Understanding a nonprofit's financial position (or balance sheet) is different from that of for-profit companies because of accounting rules for classifying and reporting gifts and other revenue of nonprofits. Net assets describe the net worth of the organization, calculated by subtracting an organization’s liabilities from its assets. This session dives into the murky world of net asset classification, and reporting which is essential to any nonprofit's financial management and development efforts.
Paying the Right Taxes

If you want to dance, you have to pay the fiddler.  Learn about your organization’s responsibilities related to UBIT, sales tax, property tax, and payroll tax.