Board Governance Best Practices for Nonprofits

$149.00

SKU: 411277

Description

Learn how to define the roles and responsibilities and have a better understanding of notforprofit financials.
Do you currently serve on a notforprofit organization board or plan on serving in the future? Have you wondered as a board member of your responsibilities related to the financial statements and tax returns? How can I better review and what key performance indicators (KPI) should I monitor? This presentation will help current board members, future board members, and management define the roles and responsibilities and have a better understanding of notforprofit financials. We will examine KPIs that can be used to help your organization communicate programmatic and financial results to stakeholders.

Date: 2024-05-06 Start Time: 1:00 PM ET End Time: 2:05 PM ET

Learning Objectives

* You will be able to define roles of management vs. the board.

* You will be able to describe nott for profit financials.

* You will be able to discuss responsibilities of board members.

* You will be able to explain key notforprofit KPIs.

Introduction
• CLA
• Mona Birchfield
• Adeel Javed

Board of Directors Responsibilities
• Fiduciary
• Management Responsibilities

Not for Profit Financials
• Statement of Financial Position
• Statement of Activities
• Statement of Cash Flows
• Statement of Functional Expense

Not for Profit KPIs
• Supporting vs. Programmatic Activity
• Reserves

990
• Core Form and Importance
• Comp Studies for CEO and Leadership

Questions

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Mona M. Birchfield, CPA-CliftonLarsonAllen LLP, Adeel Javed, CPA – CliftonLarsonAllen LLP