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Understanding Financial Health & Planning Ahead in a Time of Uncertainty
June 11, 2020 @ 10:00 am - 11:30 am
Con Edison and Nonprofit New York have partnered to create a 4-part training series to help Con Edison’s grantees address issues that have arisen due to the COVID-19 pandemic.
This session will address critical areas of focus in a time of uncertainty and provide tools that can be used in the short-term. In these unprecedented times, nonprofit organizations are experiencing a variety of challenges, including shifting staffing structures, sudden changes in service delivery or capacity, and potential losses across multiple revenue streams. These changes put the financial health and resilience of nonprofits at risk as they navigate the current reality while staying mission focused.
- Grounding financial decision-making in data and your values
- Understanding your current financial position and what resources are available
- Levers to increase resources available for immediate response
- Tools for cash flow and scenario planning for the short term
This session will be presented by Andrea Mills of Fiscal Management Association (FMA).
Participants who complete the post-session evaluation can recieve a PDF copy of the presentation.
Area of Excellence: Financial Management