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Financial Management Essentials

This toolkit is a roadmap for a nonprofit’s financial management.  For some organizations, getting help starts by figuring out where the help is needed. This toolkit lays out a step by step framework of resources to provide the help needed.

Toolkit Resources

Taking the Mystery Out of Financial Management

Everyone should start by watching Taking the Mystery Out of Financial Management.  This is a  short tutorial that touches on the various components of financial management and true to its name, it  removes the mystery from financial management and provides a clear path to follow. Watching this tutorial will provide context for all of the remaining resources and illuminate where to start.

Budgeting as a Strategic Tool

Having a clear budget that is broken out by programs is a foundational element to an organization's financial sustainability. The Budget Toolkit includes a budget template and detailed videos walking through how to use the template.

Allocating Shared Operating Expenses

In order to budget by program and see the full picture of program costs, shared expenses must be used.  The Shared Allocation Toolkit explains in detail what shared expenses are and how to begin using them.

Financial Board Reports

Having plans such as a budget and an Operating Reserve policy need to be backed up with accurate reporting and ongoing monitoring. This resource covers the basics of presenting financials to the board of directors in a clear consistent fashion.

Fiscal Controls for Your Organization

Fiscal controls are critical to every organization to protect against fraud and also create solid financial systems and procedures. This short tutorial covers the how and why of fiscal controls.

Fiscal Policies & Procedures Manual | US

This sample Fiscal Policies and Procedures Manual is useful to help establish good and solid procedures and controls for an organization's daily, monthly, and yearly accounting needs. This sample is a useful tool to get an organization started but is not meant to substitute the advice of a lawyer or an accountant.

Fiscal Policies & Procedures Manual | Canadian

This sample Fiscal Policies and Procedures Manual is useful to help establish good and solid procedures and controls for an organization's daily, monthly, and yearly accounting needs. This sample is a useful tool to get an organization started but is not meant to substitute the advice of a lawyer or an accountant.

Background Image: American Rivers | Scott Bosse

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