How to Read a Nonprofit Financial Statement

Course
  • 3 hours
  • $79.00
  • Online - Self Paced
Register

This course is offered in partnership with MindEdge, an expert content provider in courses, bundles, certificates, exam prep, and simulations to help you reach your personal and professional goals.

Course Description

Understanding what the numbers say about the health of your nonprofit is critical to being able to manage the organization successfully. This course will develop your ability to appropriately interpret the major financial accounting statements that are used by nonprofit organizations. You will gain an understanding of the types of financial statements that are used by nonprofit organizations, and how they differ from for-profit financial reporting. Also, the course demonstrates the power and limitations of accounting information in assessing financial performance and decision-making. You will also learn the uses of financial statement analysis, or ratio analysis for nonprofit organization

two young ladies reading book

Learning Outcomes

  • Identify and describe the documents and financial statements included in a nonprofit organization's
  • Analyze the information found in nonprofit statements of financial positions
  • Analyze the information found in the statement of activities
  • Analyze the information found in the statement of cash flows
  • Describe the nature of business enterprises and nonprofit organizations, as reflected by the statement
  • Define financial (ratio) analysis and explain its objectives and limitations
  • Identify the various categories of financial ratios used in nonprofit analyses
  • Define and calculate the ratios within each category

Credits

Shape Created with Sketch.

IACET CEUs: 0.3

(Contact Hours: 3 hours) Must achieve a test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs.
Icon/Nova/award

ATD CI Credits: 3

Icon/Nova/cog

HRCI Credits: 3

Icon/Nova/pen

SHRM PDCs: 3

Icon/Nova/lightbulb

CFRE Points: 3


binders of paper

Key Features

  • Mobile-friendly
  • Audio-enabled
  • Badge and credit-awarding
  • Real-world case studies
  • Fully accessible
  • Games & Flashcards
  • Expert-supported
  • Video content

Testimonials

I haven't had a lot of exposure to this material before, and the course made complicated concepts digestible and interesting.

-Elizabeth S.

This course was easy to understand, and the information provided was easy to apply for someone who is not financially savvy or an accounting pro.

Lisa F.