Financial Management
Download any of the following resources related to financial management:
General Resources
This guide introduces some of the topics covered in detail below, and provides a useful overview of how to meet your nonprofit's accounting needs.
A Guide to Nonprofit Accounting (for Non-Accountants) - PDF Attached
Overview of various financial statements that board members should be familiar with: Take the Fear out of Financial Statements - PDF Attached
Take stock of your financial management with this printable checklist:
Overall Financial Self Assessment - PDF Attached
Breaks down most critical financial needs during financial crises:
Assess your risk of financial crisis - PDF Attached
If the idea of creating a financial policy seems daunting, this basic guideline for policy development may be helpful:
Creating Financial Policies for Your Nonprofit - PDF Attached
Quick reference glossary of financial terms:
Nonprofit Financial Glossary of Terms - PDF Attached
Statement of Financial Activity
SOA defined and explained:
Statement of Financial Activities - PDF Attached
Balance Sheet
Short overview of all things budgeting for nonprofits:
Budgeting Basics Guide - PDF Attached
Explains the terms and figures found in balance sheets:
Balance Sheet Cheat Sheet - PDF Attached
This article discusses a different perspective that nonprofits should keep regarding budgets:
Nonprofit Budgets Do Not Have to Balance - PDF Attached
Cash Flow Statement
This article outlines how to strategize the flow of cash in order to reflect the business model canvas:
Cash Flow in the Nonprofit Business Model - PDF Attached
Helpful video explaining why and how to manage cash flow statements.
To begin recording your organization's cash flow, download the cash projections template excel spreadsheet. Following the instructions on the first sheet, fill in data on the second sheet, and the graphs on the third sheet will be automatically generated. The video provides additional guidance on how to use the template.
This excel spreadsheet includes instructions to begin recording cash projections, and automatically generates graphs:
Cash-Projections-Template - Excel Attached