Virtual Master Class: Navigating Uncharted Waters During a Period of Hyper-Change

Presenter: A. Michael Gellman, CPA, CGMA
Principal/Shareholder, Fiscal Strategies 4 Nonprofits, LLC - FS4N & Sustainability Education 4 Nonprofits - SE4N

We are all faced with the challenge of responding to “hyper- change”. This webinar specifically for non-profits will provide fiscal and financial strategies and guidance for nonprofit leaders and their organizations during this time of uncertainty. When and how should you protect your organization’s assets? How best to position financial resource utilization during a hyper change period until “true” recovery begins.
 
Gellman will share a framework for a thoughtful approach that favors using a financial bias of protecting the financial position of a nonprofit organization when considering key management decisions that must be made during a period of hyper-change. 
 
We will discuss how to evaluate organizational financial health and the implications of the economic downward pressure on funding and the increased use of operating reserves and the changing demand for services and programs all of which could lead to rapidly growing deficits.