Financial Management: Certificate in Nonprofit Management Series

Certificate in Nonprofit Management Program

Financial Management**

Dates: Thursdays, May 8, 15, 22, and 29

Location: Northern Illinois Center for Nonprofit Excellence (NICNE) at NIU Rockford

Time: 12:30 pm to 3:00 pm

Facilitator: Daniel T. Ross, President, Community Foundation of Northern Illinois

Cost: $225 NICNE Members | $250 General Admission

Course Details: Familiarity with nonprofit accounting procedures can strengthen your confidence as a nonprofit leader. Financial acumen is essential to your work and the health and sustainability of your organization. This course simplifies the nonprofit accounting process to help you to build your leadership capacity.

You will:

• Learn fundamental financial and budgeting terms and concepts
• Review key elements of financial statements
• Gain an understanding of the accounting cycle
• Learn to assess financial risks
• Gain insights on the independent audit process
• Learn about the budgeting process
• Explore the significance of the Form 990
• Explore key considerations of financial management and decision-making
• Identify where and how to implement internal controls

These are vital skills that any nonprofit leader will need to lead with confidence.

This class is geared towards working professionals. While attendees are expected to engage in activities during class, there is generally no homework required. Expect to spend no more than 30-60 minutes per week outside of class engaging in class activities. In-class activities, discussion, and engagement will enhance your learning and relevance of topics to your work. Resources will be shared on best practices, current laws and trends, and other topics to help you adhere to legal standards and position yourself as a top employer.

Facilitator: Daniel Ross, President of the Community Foundation of Northern Illinois since 2020, is the third president in CFNIL’s 70+ year history. Previously, Ross served as CFO of Fehr Graham, and served as President & CFO of Williams-Manny, Inc. where his efforts earned the company recognition as the Best Overall Place to Work and Best Workplace Culture. He has expertise in financial management, day-to-day activities, strategy, mergers and acquisitions, and a demonstrated commitment to philanthropy and community engagement.

Ross’ extensive history of community involvement and board service includes Past Chairman - SwedishAmerican Health System; Past Vice Chairman - Rockford Chamber of Commerce; Past President – Discovery Center Museum, and Financial Executives International. He was selected as Rockford’s 40 Leaders Under 40 by the Rockford Chamber of Commerce.

A Rockford-area native, Ross received a BS in Finance from the University of Illinois and an MBA with Distinction in Strategic Management from DePaul University. He and his family live in Rockton, Illinois.

Certificate in Nonprofit Management Program Details: Leading a successful mission-driven nonprofit requires more than goals and plans; it requires concrete knowledge and skills. NICNE’s five-course Certificate in Nonprofit Management program will teach you the skills needed to strengthen your organization and better achieve your mission.

Each course is led by an accomplished expert in their field. Instructors include nonprofit executives, master-level leaders committed to collaboration as a tool to drive social change, and instructors and guest speakers with advanced certifications and decades of experience in nonprofit leadership.

This program is valuable for Nonprofit Leaders seeking to broaden or refresh their skill set, managers seeking leadership positions within their organization, employees seeking to improve leadership skills, board members seeking to serve in a more strategic advisory role, and people seeking to transfer from the for-profit to the nonprofit arena.

**This is one of the five courses in the Certificate in Nonprofit Management Program. Take any of the courses individually or complete the entire series. Courses may be taken in any order and attendance credit does not expire. Upon successful completion of all five courses (90% overall attendance) participants will receive a Certificate in Nonprofit Management from The Northern Illinois Center for Nonprofit Excellence at Northern Illinois University. Full program details can be found by visiting our website at www.niu.edu/nicne/. Please call 815.753.8793 or email Billie Callahan at [email protected] with questions.

About NICNE: Northern Illinois Center for Nonprofit Excellence (NICNE) has been providing capacity building, training, technical assistance and resource support to nonprofit organizations within our region since August 2004. We are celebrating our 20th year as the region's primary resource for nonprofit management and leadership development. NICNE strengthens nonprofits and encourages collaboration resulting in a strong, vibrant nonprofit sector critical to a healthy community. NICNE's mission: Promote, model and grow innovation, excellence and social impact.

NICNE is an independent 501(c)(3) nonprofit organization affiliated with Northern Illinois University, Division of Outreach, Engagement and Regional Development. Learn more at our website, www.niu.edu/nicne/

Host or Publisher Northern Illinois Center for Nonprofit Excellence (NICNE)