Finance Fundamentals: Understanding Key Language, Concepts, and Practices (Three-Part Series)
This is an online event. We will send login information two days before the event, so please make sure you enter your email correctly.
Registration for this event is offered on a sliding scale. If your personal or organizational budget allows you to, please consider paying the full fee so we can keep registration accessible for leaders and organizations who may not be in the same position. Greater access strengthens us all!
Dealing with money is too often seen as the uninspired but necessary work of resourcing social justice and nonprofit work. At worst, it’s seen as “administrative work” that lives in a silo, separate from the values we strive for in our missions.
In reality, financial knowledge and practices aren’t just technical—they can be transformational and build power, too. But in order to shift our systems and approaches to money to better reflect social justice values, we need to grow access and understanding about finance across our teams. [Read: Five Ways Developing Shared Knowledge and Understanding About Money and Resources Helps Organizations Build Power]
This three-session training is an opportunity to understand core language and skills about nonprofit finance in an expressly political context where we critically examine how capitalism, patriarchy, and white supremacy shape nonprofit financial reporting and systems.
We all have something valuable to learn and something useful to contribute to the way we think about resourcing our work, and growing our knowledge and skills around finance is a way to build power within our organizations and in our communities.
Who is this training for?
People working in nonprofits (of any position and level of experience) who want to grow their general understanding and skills about nonprofit finance including (but not limited to!) people newly holding nonprofit finance roles, program managers, executive directors, and board members. This also includes people who are stepping into new roles, or who may not have a formal position related to managing money. We invite anyone working in the nonprofit and social justice space who wants to demystify foundational financial language, concepts, and documents to join us. We especially want to invite folks who are eager to learn these ideas and skills in a political context. This training won’t be a good fit for people looking to workshop their statements in real-time or get deep technical assistance.
Please note: This is a three-part series. Check dates carefully before you commit to making sure you can attend all three parts!
In this online workshop you will:
Understand key nonprofit financial terms and be better prepared to use that language in financial discussions within your organization
Practice interpreting nonprofit financial statements and identify at least one thing they reveal about an organization’s financial model
Explore the difference between income and wealth and how they are represented on nonprofit financial statements
Reflect on and think critically about how capitalism, patriarchy, and white supremacy shape nonprofit financial reporting and systems.
What specific skills will you work on?
Understanding the differences between earned and contributed income, the relationships and systems needed to support them, and how each appears on financial statements
Understanding how nonprofits are required to report expenses and the impact on our financial systems, mindsets, and impact on our financial systems and organizational priorities
Beginning to apply key nonprofit financial language and concepts to your own organization
Becoming familiar with core nonprofit financial statements (the income statement, statement of functional expense, and the balance sheet) and starting to learn how to draw meaning from them
This is not a webinar!
We strive to make learning about finance fun, interesting, and less intimidating. Our trainings come alive with your participation and willingness to engage. Please be ready to participate in group discussions and share your creativity, questions, and challenges with us. We’ll share visual and verbal information, play games, and make time for practice and meaning-making in small groups.
This is a multi-day event. Please make sure you can attend all dates before registering! Before registering, make sure you are familiar with our cancellation policy.
Accessibility is very important to us! Closed captioning will be provided. If you require specific accommodations (for example, receiving screen-reader friendly versions of learning materials ahead of time), please notify us at least a week in advance of the scheduled event by emailing firstname.lastname@example.org) so that we can do our best to meet your needs. ASL interpretation is not provided unless requested.