TITLE : Best Practices for Managing Your Organization`s Finances
CITY : Denver , CO
DATE : Thursday, October 07, 2010
TIME : 8:30 AM - 12:00 PM
PRICE : $ 110.00
Best Practices for Managing Your Organization`s Finances
 

To run a nonprofit successfully, you need to raise enough money to accomplish its mission. However, just as important is your ability to steward the money raised so that you can account for every dollar raised. An organization is accountable to its board, staff and the general public to know how much revenue it is receiving and how that money is being spent. It also needs to ensure that grants and all other income are spent in the manner intended. 
 
In this session, we will cover best practices for the following:
- Creating and following an annual budget
- A system for tracking revenues by fund categories and by restricted versus unrestricted funds
-The importance of planning ahead for difficult financial times
- Appropriate internal controls to prevent improper uses of funding and to ensure that costs are controlled
- What to expect from an audit or financial review
- How to develop a reserve fund and financial policies, including an investment policy
 
You will walk away with best practices to safeguard your organization`s assets and account for its financial resources.
 
This session is intended for Board Members, Executives, Senior Staff and anyone who works with the organization`s Finances.

Speakers for this session:

Mark Holdt
Principal Owner
Mountain Sage Consulting

Mark has been involved in non-profit management for 13 years. In his current position, he works with non-profit clients in a broad range of financial management and resource solutions, including financial analysis, capital generation and feasibility studies. Previously, as VP for Planning and Project Development at the YMCA of the Rockies, Mark was responsible for the comprehensive planning efforts for the world's largest YMCA conference center, including the business planning, capital budgets and financial development planning. Before that, he worked as EVP at First National Bank of Estes Park where he was responsible for all lending activities. Mark currently serves as Principal Owner of Mountain Sage Consulting. He serves as Trustee and Treasurer for the Park Hospital District in Estes Park, Colorado and as a Board Member for Sellwood Enterprises in Portland, Maine. He earned Graduate Degree in Financial Management from University of Delaware and a B.S. Degree in Business Administration from University of Nebraska. He is a member of Association of Fundraising Professionals and the Estes Valley Rotary Club.

David Manson
Chief Financial Officer
Third Way Center, Inc.

David has been involved in accounting and financial management for 38 years. In his current position, he is responsible for the entire range of financial activity for the agency, including both the treasury and accounting functions. He formulates and recommends policies on banking, receipt and disbursement of funds, and fiscal and accounting matters. He is responsible for development of standard accounting, analysis and reporting procedures, and for exercise of overall financial control. Previously, as Division Controller at Colorado State Parks, David was responsible for all accounting and finance functions for an agency of 250 employees with 45 locations across the state of Colorado. He managed receipt and disbursement of funds for 9 funds, 60 cost centers and $57 million operating and capital budget annually. Before that, he worked as Treasurer and Chief Financial Officer at Dove Vending, LLC where he was responsible for all accounting, finance and HR functions. David earned a Bachelors of Business Administration in Accounting from the University of Oklahoma.

 

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Thursday July 08, 2010

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Wednesday September 15, 2010

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Thursday October 07, 2010

Best Practices for Managing Your Organization`s Finances

8:30 AM - 12:00 PM

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Wednesday November 03, 2010

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