Like it or not, a not-for-profits financial statements are often used by a variety of stakeholders as a tool by which to judge an organization’s potential for success. Making sure your statements do more than just reveal the value of your assets is essential, especially when donors receive more requests for support than they can ever hope to meet. This webinar will provide attendees with tips for improved financial communication & insight into the analysis that would be funders may conduct.

1. Making the Most of Your Financial Statements Jennifer Ahern Lammers Use Twitter Hashtag #npweb Special Thanks To Our Sponsors

3. Today’s Speakers Jenn Lammers The Philanthropy Hub Hosting: Chris Dumas, NonprofitWebinars.com

4. Nov. 3, 2010 Prepared By: Jennifer Ahern Lammers, MPA, CNAP Prepared For: Nonprofit Webinars – Wednesday Webinar Series Making the Most of Your Financial Statements

9. Audit Opinions

10. Other Statement Options

13. Balance Sheet

17. ABC Organization Statement of Financial Postion December 31, 2010 and 2009 Assets 2010 2009 Cash $50,000 $82,768 Accounts Receivable $256,164 $314,709 Unconditional Promises to Give $229,382 $204,269 Grants Receivable $54,691 $215,875 Prepaid Expenses $28,463 $40,636 Property & Equipment (net of dep) $1,942,736 $1,993,281 Other Assets $19,054 $26,817 Total Assets $2,580,490 $2,878,355 Liabilities and Net Assets 2010 2009 Liabilities Line of Credit $117,319 $136,400 Accounts Payable $126,394 $151,759 Accrued Expenses $74,000 $91,080 Accrued Payroll and Taxes $48,461 $120,238 Long-term Debt $673,714 $686,150 Total Liabilities $1,039,888 $1,185,627 Net Assets Unrestricted 1,076,134 1,050,277 Temporarily Restricted 258003 435923 Permanently Restricted 206465 206465 Total Net Assets 1,540,602 1,692,665 Total Liabilities & Net Assets $2,580,490 $2,878,292

26. ABC Organization Statement of Activities For the Year Ended December 31, 2009 Temporarily Restricted Permanently Restricted Revenue and Other Support Unrestricted Total Service revenues $4,982,631 $4,982,631 Grants $238,000 $151,790 $10,000 $399,790 Contributions $109,058 $77,201 $186,259 Special Events (less of direct costs of $19,399) $1,976 $1,976 Interest & Dividends $38,032 $38,032 Unrealized Gain $117,425 $117,425 Misc. $21,382 $21,382 Net Assets released from restriction $406,911 $(406,911) $- Total Revenue $5,915,415 $(177,920) $10,000 $5,747,495 Operating Expenses Program Services Association Services $2,842,480 $2,842,480 Children & Teen Services $675,153 $675,153 Family Supoort $822,531 $822,531 Therapy $1,038,814 $1,038,814 Total Program Expenses $5,378,978 $5,378,978 Supporting Services Management and general $188,896 $188,896 Fundraising $166,403 $166,403 Total Supporting Expenses $355,299 $355,299 Total Expenses $5,734,277 $- $- $5,734,277 Change In Net Assets $181,138 $(177,920) $10,000 $13,218 Net Assets Beginning of Year $2,348,570 $435,923 $206,465 $2,990,958 Net Assets End of Year $2,529,708 $258,003 $216,465 $3,004,176

31. How does this organization spend its money? Classification Description Industry Benchmarks Program , separated by major program Activities that result in services being distributed to beneficiaries 70% Support Services: Management & General Activities such as oversight, business and general financial mgmt 20% Support Services: Fundraising Incurred in inducing donors to contribute 10%

37. Where the Cash Came or Went

38. Misc. Organization for Good Statement of Cash Flow Fiscal Year Ended September 31, 2010 2010 Cash Flow from Operating System Increase (decrease) in net assets $XXXX Adjustments to reconcile decrease in net assets to cash Depreciation $XXXX Net realized gain on the sale of investments ($XXXX) Net unrealized gain on sale of investments ($XXXX) Change in opertating assets and liabilities Reimbursable expenditures under contracts ($XXXX) Contributions receivable $XXXX Prepaid expenses and other assets $XXXX Grants payable ($XXXX) Accounts payable and accrued expenses $XXXX Net cash (used in) provided by operating activities Cash flows from investing activities Purchase of investments ($XXXX) Proceeds from the sale of investments $XXXX Purchase of fixed assets ($XXXX) Sale of fixed assets $XXXX Use of restricted cash ($XXXX) Net cash provided by investing activities $XXXX Cash flows from financing activities Payment of note payable ($XXXX) Net cash used in financing activities ($XXXX) Net increase in cash and cash equivalents $XXXX Cash and cash equivalents Beginning of year $XXXX End of year $XXXX

41. ABC Organization Statement of Functional Expense For the Fiscal Year Ended December 31, 2009 Program Support 2009 Soup Kitchen Night Shelter Homeless Intervention Total Program Administration Development Total Support Total Expenses Compensation and related expenses Salaries and Wages 62,000 45,000 36500 143,500 75,000 58,000 133,000 276,500 Payroll Taxes 11000 3000 2000 16000 13,000 6000 19,000 35,000 Fringe Benefits 17360 12600 10220 40180 21000 16240 37240 77,420 Total 90,360 60,600 48720 199,680 109,000 80,240 189,240 388,920 OTP Outside services 12000 9000 12000 33000 0 36000 36000 69,000 Rent 22000 22000 0 44000 11000 11000 22000 66,000 Depreciation and amortization 20000 14000 0 34000 2000 3000 5000 39,000 Telephone 1000 1000 5000 7000 3000 4000 7000 14,000 Utilities 975 975 1950 400 400 800 2,750 Travel - - 1500 1500 1000 400 1400 2,900 Insurances 6500 8000 2300 16800 1200 7000 8200 25,000 Printing 900 250 1100 2250 11250 18000 29250 31,500 Equiptment rental 4500 0 0 4500 0 6500 6500 11,000 Postage 0 0 0 0 2400 3500 5900 5,900 Event Space Rental 0 0 0 0 0 22000 22000 22,000 Misc. 222 457 354 1033 354 555 909 1,942 Total 68097 55682 22254 146033 32604 112355 144959 290,992 Total Expenses 158,457 116,282 70,974 345,713 141,604 192,595 334,199 679,912

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