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Navigating through Challenges : Understanding Your Organization’s Finances and Planning During Uncertain Times

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1 Mercantile St- GWCF Auditorium (Basement Level)
worcester, united states
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Tue, Apr 15, 9am - 12pm EDT

Event description

When entering a period of uncertainty or crisis—prior to making critical decisions—nonprofit leaders should have a clear understanding of their organizations’ baseline financial strengths and weaknesses. In this workshop, we guide participants to more fully understand their organization’s financial health through an analysis of operating trends and balance sheet strength. With that baseline understanding, organizations are better equipped to adjust to changes in their strategy and budgets.

Key concepts include:

· The importance of net asset composition, liquidity, and leverage

· Key financial metrics and associated benchmarks

· Guiding principles for successful scenario planning processes

· Identifying critical questions and decision points for your organization

· Understanding business models ad undertaking a risk landscape analysis

Organizations are encouraged to attend with a variety of cross-functional team members.

Doors open & breakfast available at 8:30AM

Session will run from 9:00AM- Noon

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1 Mercantile St- GWCF Auditorium (Basement Level)
worcester, united states