When

Tuesday, June 30, 2020 from 9:00 AM to 4:00 PM CDT
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Where

Volunteer Center McHenry County 
620 Dakota Street
Crystal Lake, IL 60012
 

 
Driving Directions 

Contact

Rebecca Stiemke and Laurie Bivona 
Volunteer Center McHenry County 
8153444483 
rstiemke@volunteercentermchenrycounty.org 
 Volunteer Center McHenry County

Cancellation Policy

If you need to cancel a workshop for any reason, the following refund schedule applies:

-One week or more prior to start date:
5% cancellation fee applies.


-Less than one week prior to start date:
No refund is available. 

If you have registered for an event but cannot attend, you may transfer your ticket to another person. Please contact us for assistance. 

Please note, we reserve the right to cancel or reschedule workshops based on attendance. In the case of a cancellation, you will be contacted promptly about a refund and other opportunities.

 

Part 1 - Budgeting & Reading Financial Statements

Financial statements can be confusing and hard to read, and yet they provide some of the most valuable information in assessing the financial health of an organization. With so much information that is presented, it can be hard to separate what matters to you from what doesn’t. This session will demonstrate how to interpret the numbers and notes in a standard financial report and show how to best use the information to understand an organization. Whether you’re a manager, board member, or other stakeholder, making sense of a financial report is key in making informed decisions.

Non-profit budgeting is essential to the success of an organization.  This session will focus on why, when and how nonprofits should approach the budgeting process and expected outcomes.  We will examine budget documents from sample organizations and practice building and evaluating our own budgets. We encourage attendees to bring their organization’s budget to the session as a frame of reference. 

Objectives:

  • Understand the basics of financial report structure
  • Read and interpret the balance sheet, income statement, and statement of cash flows
  • Analyze the note disclosure
  • Identify the information most important in analysis and decision-making
  • Explore the What's, Why's, and When's of non-profit budgeting
  • Examine budgeting techniques, timing and trends
  • Budgeting versus forecasting
  • Illustrate budget documents and presentation of budget data
  • Frame the importance of budget as a decision-making and policy tool

  • Presenters:

    Timothy J.Gavin, CPA, Auditor and Consultant at Lauterbach & Amen, LLP
    Betsy Hull, CPA, MPA, Finance Director, DeKalb County Community Foundation  

    Part 2: Grant Compliance: Following Directions

    Compliance isn’t just for Federal grant recipients anymore.  Today, private grant makers are also requiring measurable objectives as part of the grant application process.  While compliance with a foundation or corporation grant agreement may not require the same amount of burden as a Federal grant does, it can mean future years of support if followed through.  This workshop will focus on the fundamental rules of the grant seeking process: following directions, establishing achievable and measurable outcomes, how to meet those outcomes for the benefit of your nonprofit and the funder, and other requirements grantors typically want upon acceptance of their grant.

    Objectives:

    • Explore the most important instructions to follow when applying for a grant
    • Learn how to set reasonable and achievable goals and outcomes
    • Determine what to measure and what not to measure
    • Define what personnell are critical to setting and meeting goals and objectives
    • Understand what grantors typically require from grantees
    • Learn what to do when actual results do not meet the proposed goals and objectives

    Presenter:

    Bob Marovich, Independent Grant Writer/Consultant

    Pricing:

    Non-Member Fee: $199
    Bronze Member Fee: $179
    Silver Member Fee: $159

    For more information, call 815-344-4483 or visit us at www.volunteercentermchenrycounty.org.