Financial Success for Nonprofits
Certificate Program

NAO is excited to launch a members-only Financial Success for Nonprofits Certificate in partnership with eCornell – Cornell University’s online learning platform. NAO members will have the opportunity to access high-quality, flexible and affordable online certificate program that focuses on the business of effective nonprofit financial sustainability. NAO is thrilled to be able to bring this focused business program to our members working in collaboration with eCornell as its first nonprofit sector partner in the country!

Financial Success for Nonprofits Certificate:
The nonprofit world is changing fast. While competition for donors and clients heats up, organizations are being asked to focus on results. Because of this, demand is high in the nonprofit sector for financial leadership.

The Certificate in Nonprofit Financial Success prepares nonprofit leaders and aspiring leaders to focus on mission while achieving financial sustainability. Whether you're working at a well-established nonprofit or a startup, Professor Grasso’s experience as a nonprofit leader prepares you to use financial statements and ratios, establish board governance and strategic leadership, raise funds and generate alternative revenue sources, and make strategic programmatic changes.

The courses in this certificate will equip you to:

  • Use accounting statements and financial analysis to assess the financial strength of your organization.
  • Maintain the financial health and equilibrium of an organization through appropriate use of budgeting, financing and cash-flow management.
  • Obtain financial backing and community support through fundraising and alternative revenue sources.
  • Build, manage, and lead organizational governance through the lifecycle of the organization.
  • Cornell's College of Human Ecology will also give .6 Professional Continuing Education Units (CEUs) to each student who successfully completes each course. A total of 2.4 CEUs.

Required courses:
This program consist of four courses which are offered at various start dates. For complete details about each course, click on the course tabs below:

  • CIPA511: Assessing Nonprofits using Financial Statements and Ratios
  • CIPA512: Determining Appropriate Budgeting, Debt Financing, and Cash Flow
  • CIPA513: Fundraising and Revenue Generation
  • CIPA514: Strategically Governing the Organization

CIPA512: Determining Appropriate Budgeting, Debt Financing, and Cash Flow

Course length: 2 weeks

Today, with increasing competition, it’s more important than ever that nonprofits create realistic and manageable budgets. Budgets that draw on both the unique history of the organization and funding sources willing to support them in meeting their mission. However, this alone is not enough. Your organization’s budgets and planning must be designed to handle variance based on market changes. Increasingly, nonprofits need to think about their competition, how to compete, or even how to partner with outside groups to become more successful.

In this course, Professor Joseph Grasso walks you through the budgeting process. He covers the main elements of a budget and the different types of budgets. You'll then see how Porter’s Five Forces and other analytical frameworks can be used to make budgeting and financing decisions.

As you move through the course, tools geared toward use on the job and carefully crafted activities will help you apply budgeting, debt management, and cash flow concepts and principles to your own nonprofit situation.

This course includes:

  • Four tools to download
  • Two discussions
  • One ungraded activity
  • One scored project in four parts

Completing all the coursework should take about three to five hours per week

What you'll do:

  • Assess the role of budgets in your organization
  • Prepare an operating budget that is appropriate to your organization
  • Manage cash flow to meet your organization’s financial obligations
  • Use debt financing analysis to evaluate the health of your organization's finances and management

Start date options:

  • October 11, 2017
  • November 22, 2017
  • January 03, 2018
  • February 14, 2018
  • March 28, 2018
  • May 09, 2018
  • June 20, 2018
  • August 01, 2018
  • September 12, 2018
  • October 24, 2018
  • December 05, 2018

Classes begin Fall 2017. Let's get started!

This program is offered exclusively to NAO members only. Choose your course start dates and complete each course within two weeks. You are required to complete all four courses within a year to receive a Financial Success for Nonprofits Certificate from NAO and eCornell University. NAO members must be logged in to enroll.

Tuition: $2,150

Space is limited! Reserve your spot.

Enroll today!

If you have any questions about courses or having trouble registering, please contact or by calling 503-239-4001 x123.