Effective financial management is essential for any nonprofit, but where does a nonprofit begin? From accounting cycles to asset management to fraud prevention to reporting requirements, nonprofit financial management can be daunting. Join us for this intensive one-day boot camp as we discuss the basics of nonprofit finance that every nonprofit should understand and begin developing strategies for developing financial systems and practices to position our own organizations to be more solvent and sustainable.
By the end of the session, participants will:
1) Learn fundamentals of nonprofit finance including a basic understanding of revenue & expenses, financial systems and reporting, and financial planning
2) Gain experience in financial analysis and using financial statements to assess overall financial health
3) Gain a fundamental understanding of cost allocation, budgeting, and revenue strategy
4) Develop initial strategies for better assessing their own organization’s with regard to both financial health and financial systems
This event is a good fit for: Executive Directors, Finance Directors/Managers wanting a refresher on finance basics, and other staff with financial management responsibilities.
Facilitated by: John Bazzanella, Chief Operating Officer, Momentum Nonprofit Partners
John Bazzanella currently serves as the Chief Operating Officer of Momentum Nonprofit Partners and is responsible for financial management and all aspects of daily operations and human resources administration. John previously served as the Vice President of Finance & Operations and served in various roles with Momentum’s predecessor organization, Alliance for Nonprofit Excellence, including Director of Programs & Consulting and Training Program Manager.
Prior to relocating to Memphis and joining the Momentum staff, John spent six years as the Director of Camp ReCreation, a nonprofit residential camp program in northern California, serving children and adults with developmental disabilities. John has also served as a nonprofit board chair and done consulting work with nonprofits in areas of finance, strategic and business planning, board governance, and fundraising. John holds a Master of Business Administration degree and a Master of Nonprofit Administration degree.
Since 1996, John has been a women’s lacrosse umpire, earning a national rating in 2004. He has served as a training clinician for United States Lacrosse, been a regular presenter at the US Lacrosse National Convention, and currently serves as the Chair of the US Lacrosse Officials Development Subcommittee.
$100 Member Fee / $250 Non-Member Fee
Lunch will be served.