Nonprofit Leadership: Budgeting and Financial Management

Issued by Madison College

Highlights budgeting, financial management, control and transparency in nonprofit organizations. Students will learn about mission-driven resource development and budgeting; components and procedures for various types of nonprofit budgeting, transparency and accountability as critical values in nonprofit organizations; fundamental principles and practice of nonprofit accounting and reporting; and principles and standards for effective fiscal monitoring, control and compliance.

Additional Details

Skills

Earning Criteria

Explain the impact of mission on an organization's ability to attract resources.
Prepare a line-item budget.
Review state sunshine laws and discuss operations that adhere.
Review and discuss a full set of GAAP standard financial reports.
Distinguish the unique aspects of the nonprofit compliance system (volunteer board, stakeholder accountability, obligation to clients, etc.)
Develop a cash flow budget and a grant management policy as a final artifact from a case study.
Achieve an 80% or higher in total course assessments.