Finance Unlocked for Nonprofits, which intentionally abbreviates to FUN, was created to bring fun to finance. Approaching nonprofit finance in a welcoming way, Finance Unlocked for Nonprofits (FUN) aims to help unlock your financial literacy. Explore the finance resources in this toolkit offered in different formats to meet your learning needs.

Upcoming Finance Unlocked Events

Finance Unlocked For Nonprofits Logo. Balance Sheet. Income Statement. Nine-Ninety. Giving. Oversight.

What We Cover in Finance Unlocked for Nonprofits

Introduction

Start by learning why nonprofit finance matters. You will get an overview of the content covered in the subsequent 5 chapters.

Balance Sheet

At any given time, a nonprofit needs to know where they stand financially. A balance sheet is a report that shows an organization’s financial standing at a point in time. 

Income Statement

Nonprofits plan for the future and then regularly check reality against this plan. An income statement is a financial report showing operating results over a specific time period. 

Nine-Ninety (IRS Form 990)

A nonprofit’s most public document is their IRS Form 990. The Form 990 is readily available on the internet to any member of the public for review including potential funders. 

Giving

Financially stable nonprofits make use of a wide range of funding sources and are mindful of the differences in accounting, donor and funder expectations, and restrictions.

Oversight

Nonprofit board members are ultimately responsible for the effective, responsible use of a nonprofit’s resources. Strong oversight practices are critical to the integrity and success of an organization.

Finance Unlocked for Nonprofits - Unlocking Financial Literacy for Nonprofit Board Members to Deliver Mission & Protect Assets

Finance Unlocked For Nonprofits Guide

Start by downloading the Finance Unlocked for Nonprofits guide that includes practice activities, worksheets, and reflection questions. As you work through the guide, watch the video for each chapter. Find templates and other documents to help put what you learned into practice in the document vault. Keep on learning with other resources and upcoming workshops on nonprofit finance.

Download the Guide

Take the Course 

The self-paced Finance Unlocked for Nonprofits Course works through the material presented in the guide in interactive lessons including videos, activities, and additional resources.

Finance Unlocked for Nonprofits Videos

In these short videos, we review financial information that nonprofit board members should know, covering each chapter of Finance Unlocked for Nonprofits. Use these videos to learn on your own, or play one at your next board meeting to start important conversations. 

Document Vault

We’ve collected valuable resources, tools, and links for you and your organization in our Finance Unlocked for Nonprofits document vault.

Board Booklet

Jacobson, Jarvis & Co PLLC Board Booklet

Budget Template

Budget Temaplate from Fiscal Management Associates

Chapter: 990 – Guide

Download this chapter's guide before watching the video.

Chapter: 990 – Video Transcript

Video transcript with visual descriptions for the Finance Unlocked for Nonprofits 990 video

Chapter: Balance Sheet – Guide

Download this chapter's guide before watching the video.

Chapter: Balance Sheet – Video Transcript

Video transcript with visual descriptions for the Finance Unlocked for Nonprofits Balance Sheet video

Continue Learning

Looking for somethingthing else? Check out the all of NAWA’s resources and upcoming events on nonprofit finance on the By Topic – Finance page.

Important Note: This information is provided for educational purposes only and does not constitute legal or technical advice. If you are unsure about anything covered in Finance Unlocked for Nonprofits, we suggest that you contact the appropriate agency or seek professional advice.
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