Nonprofit Checkup #2 Know Your Numbers: Financial Efficiency

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Welcome to the Nonprofit Newsroom – a one-stop shop for nonprofit organizations to learn about: grant announcements, professional development opportunities, training seminars & workshops, and general bulletins or updates.

This new resource page can help your organization learn about important funding opportunities, develop your staff and stay current with the latest in our local nonprofit sector. The Nonprofit Newsroom page will continually be updated with new events & announcements, so check it often and bookmark the newsroom page as a favorite.  Email [email protected] with your professional opportunity, contact for the event, and a website link for your announcement. We recommend adding your nonprofit organization’s events to the Volunteer Portal.

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Giving DuPage has partnered with the NIU Civic Leadership Academy to offer classes covering relevant nonprofit governance topics, taught by world-class educators from NIU!

All organizations are concerned with keeping expenses down while growing revenue.  What are the tradeoffs?  Is your organization disciplined when it comes to sticking to realistic budgets?  Are you able to decrease costs by introducing more cost effective processes?  What are your financial numbers (ratios) that indicate financial health to your external audiences? This workshop provides answers to these questions and more.

Objectives

  • To determine your organization’s fiscal discipline
  • To calculate financial ratios related to operational and capital needs
  • To review your processes for potential financial efficiencies

For more information and to REGISTER, visit: NIU Civic Leadership Academy

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