Nonprofit Financial Literacy Certification

Nonprofit impact expert Derik Timmerman will share the nonprofit financial literacy essentials you need. You will learn how to steward your resources wisely while fulfilling your legal and ethical responsibilities.

Benefits of Certification

  • Understand the details of financial management and reporting
  • Expertly communicate about financial topics
  • Earn a meaningful certification
  • Advance your career
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Training Overview

Do you understand your nonprofit’s 2024 financial situation? Grasp the Numbers and Drive Your Career into success!

In 2024, harnessing financial literacy will equip you to guide your nonprofit with strong skills, a new appreciation of the numbers, and the respect of your colleagues. It doesn’t take an accounting degree—or even math prowess—to be financially literate.

To help you master nonprofit finance, we have organized an information-packed and timely series of five webinars led by a nationally recognized expert. The Nonprofit Financial Literacy Certification will enable you to:

  • Understand the details of financial management and reporting
  • Expertly communicate about financial topics
  • Earn a meaningful certification
  • Advance your career

Learn answers to these questions and more during our upcoming webinar:

Nonprofit Financial Literacy Certification

Session 1: Leadership Roles, Responsibilities, and Oversight

  • Fiduciary duty
  • Role, preparation, and oversight of a budget
  • Roles of your board and executives
  • Role of finance professionals
  • Relationship between organizational priorities and financial oversight

Session 2: Accounting Terms, Processes, and Financial Reporting

  • Types of financial statements
  • Who prepares what
  • Key questions you and your finance professionals should answer

Session 3: Utilizing Dashboards

  • Key performance indicators (KPIs)
  • Visual display and publishing of KPIs
  • Structure and frequency of performance dialogues with staff and board

Session 4: Operational Planning and Budgeting

  • Ten steps to creating a budget
  • Walkthrough of an actual budget template
  • How to avoid the “tweak last year” trap
  • How to handle mid-year financial surprises

Session 5: A Culture of Stewardship

  • Reviews and audits
  • How to create a culture of transparency, stewardship, and accountability
  • Questions every board should ask its executive director
Recommended Audience
Who Should Attend?
  • Nonprofit chief executives
  • Executive directors
  • Financial officers
  • Board members
  • Development staff
  • Program directors
  • Consultants
  • Legal counsel
  • Senior management
  • Marketing staff
  • Financial staff
  • Budget managers
  • Grant managers
What's included
Training includes
  • Nonprofit Financial Literacy Certification
  • All resources and training materials

Expert Presenter

Derik Timmerman
  • Founder of Sparrow Nonprofit Solutions
  • Former management consultant at McKinsey & Company
  • Served as a US Army Intelligence Officer with two combat deployments
  • Successfully raised over $3 million in funds
  • Board member at numerous nonprofits
  • Served as an Executive Pastor
  • Certified Fundraising Executive (CFRE)
  • Derik graduated in the top 10% of his West Point class
  • Masters in Divinity from Liberty University
  • In the dissertation phase of a PhD in Philosophy of Religion from Southeastern Baptist Theological Seminary