Nonprofit Finance

The Nonprofit Finance Certificate enables students to develop the financial skills necessary for nonprofit organizations of all types and sizes. Participants will learn the basics of accounting for a small business and have the opportunity to discuss and apply these accounting fundamentals.

Skills

What Courses or Activities it takes to earn this badge

  1. PROW NC100 Introduction to Nonprofits|Participants are introduced to the nonprofit sector and learn the differences between nonprofit and for-profit organizations. Course offers an opportunity to explore the operations of nonprofit organizations including governance, board development, strategic planning, fiscal management, legal obligations, evaluation, fundraising, advocacy strategies and collective impact. Practical application for employees at every level of an organization is emphasized.

  2. ACTV NC101Introduction to Accounting Basics 1| Learn the basics of accounting for a small business, including financial reporting, analyzing and recording financial transactions. Understand the concept of keeping the accounting equation in balance with a double-entry system using debits and credits. Discuss accounts receivable, accounts payable and the accounting cycle.

  3. ACTV NC102 Introduction to Accounting Basics 2 | Discuss and apply the accounting fundamentals learned from Accounting Basics 1 and how they apply to cost of goods sold and sales tax. Prepare bank, credit card and loan statement reconciliations. Discuss petty cash and implement payroll integration.