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On the Rise Equity Succession Planning
June 25, 2024 at 1:30 pm - 3:30 pm
FreeHow to Understand Nonprofit Financial Statements: Putting the “Fun” into Fund Accounting! Centering Women of Color and Gender-Diverse BIPOC
Virtual Peer Learning Series
Tuesday, June 25, 2024 | 1:30-3:30 PM
Facilitated by Josephine Sarnelli, CPA
This class centers Women of Color and Gender Diverse BIPOC.
Nonprofit organizations budget, record, and report on their finances using a system called Fund Accounting. The purpose is to ensure that restrictions from contributors are properly adhered to and expenses are properly allocated.
In this session of the Equity Succession Planning series, we will:
- Help you develop your ability to read financial statements
- Strengthen your confidence in understanding financial statements
- Assist you in making better organizational choices
- Improve your leadership and management skills
- Use actual financial statements from a nonprofit organization to review the essential components of nonprofit financial statements
- Discuss the importance of building budgets and utilizing them to evaluate your organization’s actual results against expectations
If you have general questions or would like to inquire about accommodations, please Contact Amihan.
About the Facilitator: Josephine Sarnelli, CPA
Josephine (Jo) Sarnelli, CPA is a consultant specializing in forensic accounting and interim CFO work. Much of her career has focused on working and volunteering with nonprofit organizations. She is a Visting Assistant Professor in the graduate program at Westfield State University and among her courses she teaches Municipal and Fund Accounting. She is a lifetime resident of Western Massachusetts. In her spare time, Jo shares her passion for dance by teaching adults at her dance studio.
