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Event Date: 04.27.2021
Part of Mass Cultural Council’s Recover, Rebuild, Renew Series
In order to plan effectively, nonprofit leaders must understand how their organization’s past income and expense dynamics influence its present and future finance picture. In this webinar, NFF will cover how to read income and profit/loss statements as well as how to assess an organization’s revenue and expense picture. You will learn key terms for forecasting revenue and expenses and best practices for budgeting for restricted revenue and one-time or episodic revenue and expenses.
Outcomes: At the end of this session, participants will be able to understand how to manage expenses alongside revenue realities.
Firm: Nonprofit Finance Fund, New York, NY & Boston, MA
Content Expert: Robert Kagan
Robert helps mission-driven organizations better understand the intersection between their financial health and their ability to achieve their mission. He partners with nonprofits to develop strategies that will maximize their impact in the community. Prior to joining NFF, Robert served in both direct service and administrative roles at human service organizations, including The Center For Human Development and Family Services, The Door, and Solutions for Living. Robert received his Master of Science in Social Work with a specialization in social enterprise administration from Columbia University and a Bachelor of Arts in psychology from Clark University.
Auto-generated captions will be provided. If you have additional questions or to request additional accommodations to ensure your participation, please contact Michael Ibrahim.
Note: This is a two-part series. Register for Part 2.