Skip to main content
University of Nebraska–Lincoln
Search

Nonprofit Financial Management Executive Certificate

Nonprofit Financial Management
Executive Certificate

NONPROFIT MANAGEMENT EXECUTIVE CERTIFICATE

Financial Management Basics for the Nonprofit Professional

Effective financial management is crucial to a nonprofit’s ability to achieve its mission. In this program, we’ll explore long-term financial planning; the capital, operating and cash budgets; financial accounting and financial statements; and foundations of nonprofit financial management.

White Calendar Icon

October 4-5, 2022
Register Now
Register by Tuesday, September 27

Key Benefits

Hone your expertise in reading and interpreting financial statements, preparing operating and cash budgets, and making capital decisions. You will examine the IRS Form 990 and discuss its importance in communicating the organization’s financial information to audiences outside the organization.

Who Should Attend?

Nonprofit executives responsible for fundraising, marketing and communications, human resources and volunteer management, operations, and budgeting.

Nonprofit leaders, board members and community leaders.

Program Content and Objectives

The goal of this program is to examine the role of financial management in nonprofits’ successful accomplishment of their missions. As such, we will explore the key financial management elements found in successful nonprofit organizations.

The program focuses on the following objectives:

  1. Hone participants’ skills in reading and interpreting nonprofit financial statements.
    1. Discuss changes resulting from the issuance of new FASB accounting standards (ASU 2016–14).
    2. Review the basic statements required by generally accepted accounting standards for nonprofit organizations.
    3. Define the difference between net assets with and without donor restrictions.
    4. Use ratios to better understand financial data.
  2. Describe the importance of financial planning to the success of a nonprofit organization. The following are essential to good financial management.
    1. Long-term financial planning
    2. The operating budget
    3. Planning and managing operating cash (cash budgets)
  3. Discuss the concept of capital structure in the context of the nonprofit’s capital budget.
    1. Using debt
    2. Using institutional reserves (net assets)
    3. Conducting a capital campaign
  4. Examine the IRS Form 990 and discuss its importance in communicating financial information to those audiences outside the organization.
Program Schedule
Day 1
8:30 - 9 a.m. Program and Participant Introductions
9 - 9:30 a.m. Introduction to Nonprofit Financial Management
9:30 - 10:30 a.m. Nonprofit Accounting and Financial Statements
Statement of Financial Position | Statement of Activities | Statement of Functional Expenses | Statement of Cash Flows
10:30 - 10:45 a.m. Break with Refreshments
10:45 a.m. - 12 p.m. Nonprofit Accounting and Financial Statements (Cont.)
Statement of Financial Position | Statement of Activities | Statement of Functional Expenses | Statement of Cash Flows
12 - 1 p.m. Lunch
1 - 2:30 p.m. Nonprofit Accounting and Financial Statements (Cont.)
Statement of Financial Position | Statement of Activities | Statement of Functional Expenses | Statement of Cash Flows
2:30 - 2:45 p.m. Break with Refreshments
2:45 - 4:15 p.m. The IRS Form 990
Form 990 Requirements | The 12 Sections of Form 990 | Case Study
4:15 - 4:45 p.m. Applied Learning from the Day's Activities
4:45 - 5 p.m. Wrap-up
Day2
8:30 - 8:45 a.m. Program Introduction – Day 2
8:45 - 9:30 a.m. Introduction to Financial Planning and Budgets
Long-term Financial Plans | Operating Budgets | Capital Budgets | Cash Budgets
9:30 - 10:15 a.m. Modeling the Long-term Financial Plan
10:15 - 10:30 a.m. Break with Refreshments
10:30 a.m. - 12 p.m. The Operating Budget Case Study
12 - 1 p.m. Lunch
1 - 2:30 p.m. The Cash Budget Case Study (cont.)
2:30 - 2:45 p.m. Break with Refreshments
2:45 - 4:15 p.m. The Cash Budget Case Study
4:15 - 4:45 p.m. Applied Learning from the Day's Activities
4:45 - 5 p.m. Wrap-up
Facilitators

Coming Soon

Program Materials, Accommodations and Fees
  • Materials are included and will be provided at the beginning of the program
  • Registration includes breakfast, lunch, snacks and parking
  • Program fee is $650 per person subject to standard cancellation policy

Contact

Center for Executive and Professional Development
HLH 201
execed@unl.edu
402-472-2353