Nonprofit Spark – Understanding a Nonprofit Balance Sheet (replay of 02/21/11 show)
It’s a holiday week for Host Renee McGivern so we’re replaying the very helpful show, Understanding a Balance Sheet. The nonprofit balance sheet is a complete mystery to thousands of leaders in nonprofit management and also to board members. 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 LarsonAllen 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!