Propel Financial Leadership Cohort Resource Summary
Welcome to the FLC Cohort Resource page. This page will be updated after each session. If you have questions, please reach out to Teresa Bettmann.
Contact Us
If you have questions about how to use these resources, contact us below!
Propel’s Go-To Resources
Key webpages to bookmark:
- Propel’s Free Nonprofit Resource Library
- Propel’s Blog
- Propel’s Upcoming Trainings
- Propel’s Accounting & Finance Services
Stay connected
- Sign up for Propel’s E-News to stay up-to-date on trainings, services, and new resources.
- Attend a free webinar or paid workshop
Session 1: Financial Leadership
- Cohort Relationship Building
- Cohort Purpose & Overview
- Framing Financial Leadership
- SMART Goals
Session 1 Resources
- Executive Director’s Guide to Financial Leadership article
- Includes 8 Key Business Principles (or 8 Must-Dos) that should guide financial leadership practice.
- Glossary of Financial Terms for Nonprofits
- A helpful reference for definitions of commonly used financial terms.
Session 1 Staff Presenters
Session 2: Financial Analysis
- Cash accounting and accrual accounting
- Interpreting income statements
- Managing restricted funds
- Analyzing balance sheets
- Using trend analysis
Session 2 Resources
- Glossary of Financial Terms for Nonprofits
- Propel’s Free Accounting Helpline – 612-249-6640 – Reach out if you have specific questions about accounting methods (cash vs. accrual), reflecting in-kind donations in your financial statements, questions about your organization’s balance sheet, etc.
- Propel’s Accounting and Finance services
- Propel’s Financial Policy Guidelines and Example resource
- Cash vs. Accrual Accounting for Nonprofits: The Basics (from the Jitsa Group)
- Depreciation Primer Video
- Blog article – Depreciate Your Way to a Healthier Nonprofit – Propel Nonprofits
- Propel’s Understanding Restricted Funds video
- Blog article – Should your budget balance? NO!! – Propel Nonprofits
- Balance Sheet Cheat Sheet resource
- Reserves Primer video
- Operating Reserves and Sample Policies
Session 2 Staff Presenters
