Certificate in Nonprofit Management
CERTIFICATE IN NONPROFIT MANAGEMENT COURSES
Financial Management: Fundamentals for the Nonfinancial Manager
|This course will explore the fundamentals of nonprofit financial management. Learn how to plan an organizational budget, implement best practices in policies and procedures, clarify the roles and responsibilities of board and staff, interpret basic financial statements and comply with legal reporting requirements.
This intensive five-week course explores the following topics:
• How financial management practices in nonprofit organizations relate to an organization's mission and the roles and responsibilities of the key players involved.
• Policies and procedures that guide the financial management system.
• The planning component of financial management.
• Financial reporting and its ability to show an organization how to assess the effectiveness of its services.
• Legal reporting requirements as they relate to donor acknowledgements, lobbying activities and annual governmental reporting.
What you and your organization will gain from this course:
• Understand the roles and responsibilities of the board, senior management, program staff and financial staff in an organization's financial management system.
• Create a budget that supports the strategic objective of the budgeted time-frame.
• Identify the difference between restricted and unrestricted funds and be able to reconcile reporting from accounting and fundraising.
• Interpret financial data and communicate financial position to internal and external users.
• Analyze the components and purpose of Form 990, including the marketing aspect.
Sample Syllabus - subject to change at the instructor's discretion.
This course requires the participant to have basic literacy with spreadsheets (such as Excel).
Special features of this course:
• A weekly Resource Center, which provides carefully tailored readings and other resources.
• “Studio” activities offer opportunities for new and experienced practitioners to cultivate practical skills.
• Original case studies and problem-based learning activities.
• In-depth weekly discussions on the real-life challenges and opportunities of financial management.
• A small class size of 25 participants.
This is an instructor-led course delivered entirely online. It is highly interactive and requires active participation on discussions boards and completion of assigned projects. There are no real-time class meetings. Students work at times that are convenient for them within the weekly schedule of activities. We estimate spending an average of 8 – 10 hours per week on each Certificate in Nonprofit Management course. For this reason, we highly recommend students participate in no more than two CNM courses at a time.
NOTE: This is a tech-enhanced course that requires access to Blackboard,
a course management system used by UIC. In order to complete
registration, you must submit proof of identity to secure your unique
NetID (username). More information on this process can be found on the Know More about Registering and Paying section of our Web site.