Nonprofit finance can often be intimidating and confusing. Too often, leaders label financial management as something to be left to the accountants. And we fail to identify how finance, which is simply the acquisition and allocation of resources, influences every aspect of how we carry out our missions.
We at MNA recently wrapped up our 2nd annual Financial Leadership training series, where we covered many of the fundamentals of financial leadership and management – budgeting, cash management, cost/benefit, etc.
In the wake of that series, we fired up a new monthly affinity group to discuss all things finance. This is for nonprofit superstars to ask questions, learn from each other, and build their skills in understanding and managing money in their respective organizations. Whether you are a master accountant or a brand-new front-line employee, if your work involves managing money (hint: It does!), this monthly Zoom meeting will be useful for you and you have something to contribute to the group.
Each of these calls is loosely structured around a finance topic, with plenty of time and space for each person to bring their own questions, issues, and insights into the space. Our first few months will be focused on financial reserves – what they are, how to grow one, and how to use one.
These calls take place the first Thursday of every month at 9:00 a.m. Register for the series here to get these calls on your calendar and then attend when you are able!
We look forward to seeing you virtually and for each of becoming better financial leaders through our collective learning and conversation!