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Making $ense: Reading Financial Statements for Nonprofits

Delivery: Self-Paced Course
Dates: Continuous
Location: Online

Mastering financial statements extends beyond number crunching; it's a crucial skill for all decision-makers in an organization, frontline staff, visionary leaders, and board members. In Making $ense: Reading Financial Statements for Nonprofits, you will learn how to read and analyze financial documents to increase your confidence as your organization prepares for financial planning and growth opportunities.

By the end of this course, you'll be able to confidently read and analyze the four essential financial statements used by nonprofit organizations:

Statement of Financial Position (SoFP)

Understand your organization's financial position by examining its assets, liabilities, and net assets.

Statement of Activities (SoA)

Track revenue, expenses, and changes in net assets over time to evaluate sustainability and impact. 

Statement of Functional Expenses (SoFE)

Break down expenses by both nature and function to support transparency and strategic planning. 

Statement of Cash Flows (SoCF)

Follow how cash flows through your organization--from operations to investments and financing. 

rainbow square 100% online and self-paced

rainbow square 4 modules (~25-30 minutes each)

rainbow square 4 quizzes + 1 final assessment

rainbow square Earn a digital #bcreds microcredential upon completion

 

This course is free and open to anyone working or serving in Baltimore’s youth development ecosystem.


rainbow square     Program Directors & Managers

rainbow square     Nonprofit Executive Directors

rainbow square     Youth Development Practitioners

rainbow square     Board Members & Advisors

rainbow square     Anyone seeking to grow their nonprofit finance fluency

Start learning today and build financial confidence that supports your mission. 

Price: Free