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Event Date: 05.11.2021
Time: 1-2pm
Part of Mass Cultural Council’s Recover, Rebuild, Renew Series
In times of uncertainty, it’s especially critical to understand how cash flows in and out of organizations. Unlike a budget – which summarizes revenue and expenses for a block of time – cash flow projections plot total cash received and spent month-by-month or week-by-week. In this session, you will learn how to create a cash flow projection, manage cash flow, avoid common missteps in cash flow planning, differentiate between cash and accrual accounting, and connect cash flow management to credit assessment.
Outcomes: At the end of this session, participants will be able to understand how cash flows in and out of their organization.
Firm: Nonprofit Finance Fund, New York, NY & Boston, MA
Content Expert: Mariesa Kubasek
At NFF, Mariesa is thrilled to have the opportunity to partner with nonprofit leaders as they continue doing their vital work to bring about a more equitable and just world. The nonprofit sector is where Mariesa learned about the joys and realities of frontline, mission-driven work. It’s also where she learned and practiced developing relationships rooted in trust and empathy, which she believes are foundational to the collaborative work done across the nonprofit sector.
Prior to joining NFF, Mariesa was the Director of the Volunteer Program at a creative writing and tutoring organization, where she led a team to reach out to, train, engage and manage a cohort of more than 1,100 active volunteers each year. Mariesa also worked for a local public affairs firm, where she led outreach efforts and coordinated media campaigns for an arts education program in Southern California. Mariesa attended Santa Clara University, where she earned her Bachelor of Science in Political Science and Bachelor of Arts in Philosophy.
Auto-generated captions will be provided. If you have additional questions or to request additional accommodations to ensure your participation, please contact Michael Ibrahim.
