There are a few key financial documents that nonprofits use to generate a snapshot of their overall financial status. Data pulled from these financial statements can be used to calculate basic financial ratios and track individual and company performance. In this seminar, Taylor Kendall and Katie Byrd take participants through the basics of understanding and using financial statements in a nonprofit. In addition, they provide ideas on utilizing the data to better evaluate the organization’s financials and focus on growth.
Key Takeaways:
Understand and Evaluate Nonprofit Financial Statements
Build and Interpret Basic Financial Ratios
Decipher Data to Drive Decision Making\