Show Me the Money, I mean, Financials!

#nonprofit financials - Show me the money! I mean financials!

This week on #GrantChat Ericka Harney, GPC, CFRE is joining us to discuss nonprofit financials.

Ericka Harney is an 18-year veteran of the nonprofit and education sectors, fulfilling a passion for women and girl’s success along the way. Ericka has served as an international representative for the US, raised millions in funds for great missions, and co-founded a social enterprise. She has been a contributing author for industry publications and a guest on several business blogs and podcasts. Ericka is sharing her knowledge and thrives on helping others at ErickaHarney.com, a regular keynote and session speaker, finishing a Ph.D. in Organizational Leadership, and continues a life mission of improving the soft skills of all professionals.

Question Preview:

Q1: What is your top reason grant professionals need to understand #nonprofit financials? #grantchat

Q2: Does #nonprofit mean no profit? #grantchat

Q3: When does your organization recognize revenue – when it is received or obligated? #grantchat

Q4: What about #nonprofit financial statements makes you run the other direction? #grantchat

Q5: Let’s get into financial docs! On an income statement, what kind of things should you keep an eye on? #grantchat

Q6: The Balance Sheet/Statement of Financial Position lists assets, liabilities, and equity. What stands out to you the most on this doc? #grantchat

Q7: Do you frequently look at a cash flows statement? Why or why not?  #grantchat

Q8: When thinking about budgets, what’s your top use for them after they are completed? #grantchat

Q9: If your organization has a surplus at the end of the year (more revenue than expenses, what do you do with it? #grantchat

Q10: OK – fess up – what’s your favorite part of a foundation’s 990? #grantchat

 

We’re looking forward to having you join @Grant_Chat at 12 Noon ET. Join our Grantchat Facebook Group to get the check in question and to keep the discussion going!

Guest: Ericka Harney, GPC, CFRE @ErickaHarney 

Sponsor: Grant Professionals Association @GPANational 

Host: Jo Miller, GPC @jomillergpc 

Presented: SmartEGrants @smartegrants

©2018 #GrantChat - A Weekly TweetChat of Grant Writing Professionals

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