Name
Pivoting to Short Term Budgets (prerequisite: must attend Navigating Uncharted Waters During a Period of Hyper-Change)
Date & Time
Wednesday, June 24, 2020, 10:00 AM - 11:00 AM
Speakers
Description
We will take you through financial management strategies for unpredictable times that favors using a financial bias of protecting the financial position of a nonprofit organization when considering key management decisions that must be made during a period of hyper-change.
We will begin with assessing your balance sheet with an emphasis identifying weaknesses and protecting strengths. We will then discuss pivoting to short-term 3-month rolling budgets and how to assess risks related to vulnerability of your funding sources and changing demand for services with the goal of protecting your financial position and sustainability.
Virtual Session Link