Identifying the Financial Health of a Nonprofit

Identifying the Financial Health of a Nonprofit
Event Description - Identifying the Financial Health of a Nonprofit
Date: October 18, 2011 Time: 3:00-5:00pm Location: Illinois Institute of Technology - Downtown Campus (565 W Adams St. Chicago, IL Room 370) Cost: $10 in advance, $12 at door (if available) - includes light refreshments Do you research the financial health of a nonprofit before interviewing as a job-seeker or giving as a donor? You should! Learn how to recognize the financial health of a nonprofit. Presenters: Roland Calia and Ron Melka, IIT Stuart Graduate Program in Public Administration Content: • Introductions and Overview • What Factors Make a Nonprofit Organization Financially Sustainable?       - Reporting Requirements and Accreditation and Licensing Standards       - Fiduciary Responsibilities of a Nonprofit Board of Directors (i.e. the role of the Board of            Directors in ensuring fiscal sustainability)       - Relationship of a nonprofit organization with its funding sources       - Sustainable Revenues       - Audit Controls • Evaluating the Financial Condition of Nonprofit Organizations       - Overview of Financial Condition Analysis       - Class Exercise on Evaluating Financial Condition
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