Leadership&Financial Literacy20112

[object Object],Prepared by Lauricella and Associates September 2011

GOALS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

NON PROFIT BOARDS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

NON PROFIT BOARDS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

EFFECTIVE BOARD LEADERSHIP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Governance as Leadership by Richard Chait, William P. Ryan and Barbara E. Taylor ,[object Object],[object Object],[object Object],[object Object],[object Object],Balances three modes of governance

FINANCIAL TOOLS CONTENTS INDEPENDENT AUDITORS’ REPORT 1 FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Activities 3 Statement of Functional Expense 4 Statement of Cash Flows 5 NOTES TO FINANCIAL STATEMENTS 6 -10 ,[object Object],[object Object],[object Object],[object Object],Annual Audit or Review Sample Audit table of contents

FINANCIAL TOOLS Balance Sheet ,[object Object],[object Object],[object Object],“ How well has the organization done?”

Profit & Loss ,[object Object],[object Object],[object Object],“ How well is the organization performing ?” FINANCIAL TOOLS

Profit & Loss ,[object Object],[object Object],FINANCIAL TOOLS

Statement of Functional Expense “ What programs are we spending our $$$ on?” ,[object Object],[object Object],FINANCIAL TOOLS

Statement of Cash Flows “ Can we pay our bills?” ,[object Object],[object Object],[object Object],FINANCIAL TOOLS

Monthly Cash Flow ,[object Object],[object Object],[object Object],[object Object],“ When is our money coming?” or “When do I have to pay this bill? FINANCIAL TOOLS

Project Budget to Actual ,[object Object],[object Object],[object Object],[object Object],“ How did it work out?” Budget ,[object Object],[object Object],“ What are my planned expenses?” FINANCIAL TOOLS

Next ,[object Object],[object Object]

FIDUCIARY ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

STRATEGIC ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],GENERATIVE

PRACTICE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

PRACTICE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

PRACTICE ,[object Object],[object Object],[object Object]

Leadership&Financial Literacy20112

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