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Nonprofit Finance Network

Cash Reserves: Starting Off, Staying Healthy & Spending Appropriately

Ecotrust Conference Center, 2nd Floor 721 NW 9th Avenue
Portland

About this event

David Altman, President
IPR Consulting Group

Presentation & Continental Breakfast at 7:30
Networking at 9:00

Financial assessments of nonprofit reserves have indicated that most organizations fail to maintain the consensus targets for minimal reserves and that a significant percentage of nonprofits have negative reserves. How is your nonprofit supposed to accumulate cash to reverse this trend, and how can finance leaders motivate their Boards and management to support strategic planning to bring reserve balances to healthy levels? This session will provide:

  • Descriptions of reserves, available operating reserve measurement, and presentation in the financial statements
  • Standard policies to assist building, maintaining, and appropriate spending of reserves
  • Tips on specific concepts to jumpstart reserve establishment

If time permits, New Market Tax Credits will be briefly reviewed as one tool to quickly augment unrestricted net assets.

About the Presenter

David W. Altman is President of IPR Consulting, Inc., a financial services firm exclusively providing project development for low income communities using New Market Tax Credits. David has held executive positions with nonprofits, including President of the Society for In Vitro Biology, CFO of Central City Concern, and Executive Director and President of ISAAA. David has provided leadership for nonprofit Boards, such as the Alliance of Nonprofits for Insurance, the Society for In Vitro Biology, and the Editorial Advisory Council of CAB International. He holds a PhD from the University of Minnesota, MBA and BA degrees from Vanderbilt University, and MS and BS degrees from Oregon State University.

About the Network

Nonprofit Fiscal Managers Association provides regular learning opportunities so you can stay up to date on nonprofit financial management practices and related legal and compliance issues. You will gain the knowledge, strategies, and systems you need to keep your organization on track.

Become a Season Pass Holder

We encourage organizations and individuals to attend the entire series by purchasing a season pass. Season pass holders save up to $50 off of the individual session registration fees and are pre-registered for all ten network sessions (listed on the right).

Purchase a season pass today!

Register Now

 Registration is closed for this event
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David Altman, President
IPR Consulting Group

Presentation & Continental Breakfast at 7:30
Networking at 9:00

Financial assessments of nonprofit reserves have indicated that most organizations fail to maintain the consensus targets for minimal reserves and that a significant percentage of nonprofits have negative reserves. How is your nonprofit supposed to accumulate cash to reverse this trend, and how can finance leaders motivate their Boards and management to support strategic planning to bring reserve balances to healthy levels? This session will provide:

  • Descriptions of reserves, available operating reserve measurement, and presentation in the financial statements
  • Standard policies to assist building, maintaining, and appropriate spending of reserves
  • Tips on specific concepts to jumpstart reserve establishment

If time permits, New Market Tax Credits will be briefly reviewed as one tool to quickly augment unrestricted net assets.

About the Presenter

David W. Altman is President of IPR Consulting, Inc., a financial services firm exclusively providing project development for low income communities using New Market Tax Credits. David has held executive positions with nonprofits, including President of the Society for In Vitro Biology, CFO of Central City Concern, and Executive Director and President of ISAAA. David has provided leadership for nonprofit Boards, such as the Alliance of Nonprofits for Insurance, the Society for In Vitro Biology, and the Editorial Advisory Council of CAB International. He holds a PhD from the University of Minnesota, MBA and BA degrees from Vanderbilt University, and MS and BS degrees from Oregon State University.

About the Network

Nonprofit Fiscal Managers Association provides regular learning opportunities so you can stay up to date on nonprofit financial management practices and related legal and compliance issues. You will gain the knowledge, strategies, and systems you need to keep your organization on track.

Become a Season Pass Holder

We encourage organizations and individuals to attend the entire series by purchasing a season pass. Season pass holders save up to $50 off of the individual session registration fees and are pre-registered for all ten network sessions (listed on the right).

Purchase a season pass today!

When
November 21st, 2013 from  7:30 AM to  9:30 AM
Location
Ecotrust Conference Center, 2nd Floor
721 NW 9th Avenue
Portland, OR 97209
Multnomah
Event Fee(s)
NAO Members $22.50
Nonmembers $25.00