Center for Nonprofit Leadership Workshop – Cash Flow Projections 101

Will your organization have enough cash to cover payroll next month?  How about an unbudgeted expense or a fabulous new opportunity?  Financial statements are important for board members and leadership to analyze the organization’s historical performance, but cash management is critical for day-to-day financial operations.  In this class, we will learn how to develop a cash projection spreadsheet that can be updated regularly so you can successfully plan ahead and avoid surprises.  Learning about cash projections is also a wonderful method to get familiar and comfortable with financials, because cash projections tend to be a more intuitive way of looking at financial information.

Learning Objectives:

• Discover 3 methods of projecting future cash flows: mind dump, budget conversion, and hybrid
• Analyze common differences between an accrual-based budget and a cash projection
• Identity strategies for handling shortfal and windfalls

Audience: This workshop is great for Executive Directors, fund development professionals, program managers, board members, and anyone else doing budgeting for nonprofit organizations.