$35 / Members
$70 / Non-members
What is a finance committee supposed to do anyway?
Your finance committee can be a powerful tool to help your organization keep its finances in order and be key to organizational transparency and accountability. Come to this session to learn about the role of the finance committee, its relationship to the Board of Directors, typical functions of a finance committee, and more. You'll walk away with tools you can use to help your finance committee function at the top if its game!
The finance committee provides financial oversight for the organization and is responsible for a variety of financial management tasks including budget development , approval and monitoring; setting long and short-term financial goals in line with the organizational strategic plan; and presenting financial information to the full board.
Attendees will learn:
- Board responsibility in financial management
- Staff responsibility in financial management
- Treasurer responsibilities and relationship with the finance committee
- Fundamental internal controls for a small nonprofit
- Questions a finance committee should ask
- How to create a meaningful budget
- Budget processes
- Financial dashboards
- Reading nonprofit financial statements from a high level
Attend this session if you are:
- Responsible for an organization's finances or accounting (EDs, Operations, Board members, Finance Committee members)
- New to nonprofit financial management, including those with previous experience in government or for-profit accounting
- Already familiar with basic nonprofit functional accounting and net assets
- In a new leadership position
About your presenters:
Kristine Hull CPA, CGMA is the Director of Finance and Administration at Nebraska Appleseed and has over ten years of experience in the nonprofit sector serving nonprofits of varying sizes. She is active in the community and currently serves on the board of directors for Hear Nebraska and Inclusive Communities. She also serves on the finance committee for Women's Fund of Omaha and the Nonprofit Association of the Midlands. She is a graduate of Leadership Omaha and the Nonprofit Executive Institute, and has been recognized as a Ten Outstanding Young Omahan and Midlands Business Journal 40 Under 40. Kristine is a graduate of University of Nebraska-Lincoln (BSBA) and Creighton University (MBA).
Robert Patterson has been with Kids Can Community Center for over 19 years, starting as Program Director, then Assistant Executive Director, and was named Chief Executive Officer in 2010. He is active with many nonprofits including Komen Great Plains, Film Streams, and Digg Site Productions. Robert is a graduate of Stanford University’s Executive Program for Nonprofit Leadership, Leadership Omaha and the Nonprofit Executive Institute. Robert holds a Bachelor of Journalism degree from the University of Nebraska – Lincoln, Masters in Management Degree from Bellevue University and holds a Certificate for Fundraising Executives (CFRE).