Academics

NMP 605 — Financial Decision Making for Nonprofits

Nonprofit Management and Philanthropy

3 Credits

This course provides a foundation for effective financial nonprofit decision making to promote the financial sustainability of nonprofit organizations in these challenging times. Upon completion of the course the student will:

  1. Possess an understanding of financial systems as they apply to nonprofit organizations;
  2. Be able to analyze and evaluate the financial health of a nonprofit organization and determine its financial strengths and weaknesses; and
  3. Use a variety of strategies to improve the financial condition of a nonprofit organization including “quick analysis”, budgeting and cost controls, understanding the nonprofit’s “economic engine,” and developing “unrestricted” funding streams.