Financial management is one of the most important responsibilities you will have as an Executive Director. It is your responsibility to ensure the financial success of the organization so it does not have to dissolve…but no pressure.
The guiding tenet of an organization’s finances is to raise more than you spend. Being successful in financial management means always knowing where you are with your budget vs. actual income and expenses. This webinar will show you how to create a budget, how to read basic financial statements and will help you understand what UBIT is. In this brief video, we cannot give you all the information you need, but what we can tell you is to keep a few simple rules in mind.