Webinar: Understanding Key Financial Statements for Non-Profits
January 25, 2022
12:00 PM to 01:30 PM
Assiniboine Credit Union Lunch & Learn Series with Volunteer Manitoba
This session will review 2 primary financial statements (Balance Sheet and Income/Expense Statement) used to assess the financial health of non-profit organizations. Key ratios used to monitor the financial stability of the organization will be discussed to provide non-profit Management and Boards insights on what lenders/investors look for.
At the end of the session, participants will understand:
- Key components of the Balance Sheet & Revenue/Expense Statement
- How Management and Board can use statements to monitor financial health and stability
- How Lenders assess risk reviewing non-profit financial statements
Facilitator:
As Director, Community Financial Centre at Assiniboine Credit Union (ACU), Nigel Mohammed leads a team of specialists with expertise in providing creative financing solutions to support not for profits, social enterprises, cooperatives and small businesses.
This unique Centre is the only one of its kind in Manitoba as an example of how "community banking" can contribute to building stronger local economies and more inclusive civil societies.
Nigel's career spans over 30years in banking and within the non-profit sector in Canada and across the eastern Caribbean, the last 20years contributing to the evolution ACU's social finance and values based banking focus.
Nigel has the International Credit Union Development Educator (I-CUDE) designation along with Lean Six Sigma Green Belt and continues to share his experience serving on community Boards.
Location:
Volunteer Manitoba's Virtual Classroom
Cost:
$0.00
Facilitator:
Nigel Mohammed
