NEW! CDP Training

One of the common missing skills among governing board members is understanding how to read financials well enough to make good, quality decisions. Let's face it -- some people are naturally numbers people. They understand the world of accounting and the ebb and flow of how money comes in and goes out. There is a whole language unique to the accounting world and sometimes we lay people get lost even understanding the verbiage. If you find yourself a bit squeamish about accounting and financial reports, consider this:

✔ If you manage your own budget and household expenses, you can understand the basics of nonprofit accounting.

✔ You don't have to be an expert; you just need to have a solid enough understanding to see the picture and ask the questions.

✔ Make friends with an accountant. Every nonprofit needs an accountant as a professional partner. They are the expert and it's okay to lean into and rely on their expertise.

Financial Statements 101 is a primer for those new to the nonprofit board arena or those who have been around and glazing over during the financial portion of the meeting. Now is the time to demystify bookkeeping and financial statements and arm yourself for the task of strong governance. $69 and one hour of your time is all it takes to get started.

-Mindy Muller, CFRE, President/CEO of CDP

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