Nonprofit Spark – Understanding a Nonprofit Balance Sheet – 02/21/11
The nonprofit balance sheet is a complete mystery to thousands of leaders in nonprofit management and also to members of the board. The balance sheet tells a unique story about the organization’s financial health that shouldn’t be overlooked; your other financial statements do not replace this valuable point of view. In this show, host Renee McGivern and Terry Fraser of Larson Allen review a balance sheet in a conversational way so it makes sense for even the most novice of listeners. Download the sample balance sheet they’re talking about so you can follow along!