Professional Development

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Taking Financial Know-How Into the New School Year

Tuesday, 18 September 2018 11:11

Financial management know-how is often a weak spot for nonprofits—afterschool organizations included.

But just like for-profit businesses, not-for-profits need strong financial management to ensure they can deliver the best services possible.

StrongNonprofits.org, a Wallace Foundation Web site, seeks to help by providing more than 60 free tools, how-tos, articles, and other features assembled and in some cases created by Fiscal Management Associates, a leading national consulting firm building nonprofit fiscal strength.

Now that students are diving back into their afterschool programs for the year, consider these helpful resources from StrongNonProfits.org and The Wallace Foundation:

Planning
A Five-Step Guide to Budgeting for Nonprofits

Monitoring
Nonprofit Accounting Basics: Internal Reporting for Good Management—Internal Reports

Operations
Fiscal Management Activities Calendar

Governance
Make Good Use of the Treasurer and Finance Committee

Courtesy of The Wallace Foundation.

 

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