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Sharpen Your Skills, Increase Your Impact: A Financial Analysis Series with Nonprofit Finance Fund

Thursday, May 9, 2013 - 12:15pm to Thursday, May 23, 2013 - 12:15pm PDT
This program is a webinar.
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Planning in today’s uncertain environment requires both nonprofit leaders and their funders to know where an organization stands financially and to understand how much financial risk they can tolerate. To make good decisions, grantmakers not only need accurate, up-to-date, and clear financial information, but also the ability to interpret and use this data to better support their grantees and increase impact.

This three-part webinar series improves the comfort level of grantmakers and program staff in reading and interpreting nonprofit financial statements. We will review nonprofits' statements of activities and financial position, and explore how these statements can be used together to inform grantmaking. This webinar series includes three one-hour sessions designed to increase the comfort level of grantmakers and program staff in reading and interpreting nonprofit financial statements.

  • Part I: Assessing Operating Performance (Statement of Activities)
    May 9, 2013 - 2:00 pm to 3:00 pm 
    When assessing the financial health of a nonprofit organization, the first step is to determine its operating performance: Does the grantee have reliable, recurring revenue that covers the full cost of doing business? The answer is not always as easy as it seems. This webinar explores how to read and interpret the Statement of Activities (Income Statement) to determine an organization’s true operating performance as well as some of the “money rules” that makes this so difficult.
  • Part II: Ability to Handle Risk and Pursue Opportunity (Statement of Financial Position)
    May 16, 2013 - 2:00 pm to 3:00 pm 
    To assess a potential grantee’s ability to be adaptive, innovative and ultimately to deliver on mission, grantmakers must understand how much risk an organization can tolerate as well as what assets the organization has available to pursue opportunity. The answers to these questions all lie on the Statement of Financial Position--better known as the balance Sheet. In this webinar, NFF will review how grantees can strengthen their balance sheet in order to effectively adapt to the new economic reality and become more sustainable.
  • Part III: Budgets, IRS Form 990s and Internal Financials
    May 23, 2013 - 2:00 pm to 3:00 pm 
    In making grantmaking decisions, program officers are often reviewing a wide range of financial documents beyond audits, including the IRS Form 990, internal financials and budgets. NFF will review current tools for 990 assessment and discuss common formats, as well as when it is appropriate to collect internal financial statements. This webinar also reviews best practices in reading a grantee’s budget to discern if it appropriately communicates the organization’s economic realities.

This series is designed to sharpen the financial assessment tools of grantmakers at all professional levels. Click here for more information about the series.

Who should participate? Grantmakers for whom financial due diligence is a component (or desired component) of the grantmaking process and who are either new to assessing nonprofit financial data or would like a refresher on some of the fundamental principles of finance in the nonprofit sector.

his program is generously sponsored by the Bank of America Charitable Foundation.


David Greco
Vice President Western Region, Nonprofit Finance Fund
David Greco manages the Nonprofit Finance Fund (NFF) offices in Chicago, Detroit, Los Angeles and San Francisco, where he is responsible for leading lending, capital grants, asset building programs and customized consulting services in the Western  United States. Prior to joining NFF, he served as vice president of the Youth Leadership Institute and as senior marketing manager at Jossey-Bass Publishers. Greco has also served as the corporate and foundation relations manager for the National Wildlife Federation and is the author of "Nonprofit Financial Management," featured in Nonprofit Management 101: A Complete and Practical Guide for Leaders and Professionals. Greco currently serves on the Board of Next Step Homes, a national affordable housing network. Southern California Grantmakers, in partnership with Northern California Grantmakers and San Diego Grantmakers, is pleased to offer this program as part of a statewide financial analysis series, Sharpen Your Skills, Increase Your Impact: A New Financial Analysis Series for Grantmakers. Presented with Nonprofit Finance Fund, this series is designed to sharpen the financial assessment tools of grantmakers at all professional levels.

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