Home » Events » Financial Statements 1.0

Financial Statements 1.0

Date:
November 22nd, 2016
Time:
12:00PM to 2:30PM
Location:
Associated Grant Makers, 133 Federal Street, Suite 802, Boston, MA
Audience:
Consultant, Grantmaker, Philanthropic Advisor
Event type:
Skillbuilding
Member fee:
$0
Base fee:
$35

Financial statements and disclosures provide a wealth of information about a nonprofit organization. The statements tell a story, but sometimes you have to do a little digging to unravel the tale. Many analysts focus their attention on the “numbers” parts of the financial statements, but do not spend enough time reading the footnotes. Before you dive into analyzing the numbers it is important to understand the accounting principles used to prepare the financial statements. This workshop will discuss those concepts and how they can shed light on the meaning of the numbers. In addition, you will learn how to apply key ratios to financial statements, including an introduction to 990 forms from real nonprofit organizations in our community.

Key Take Aways:

  • Understand the accounting principles used to prepare financial statements.
  • The auditors’ report: what it says and what it does not.
  • Walk through the key accounts presented in the statement of financial position and statement of activities.
  • Learn what the statement of cash flows really says.
  • The footnotes – don’t let the jargon keep you away from reading them.
  • Key ratios you can apply to every financial statement, and what they tell you.

Presenters:

Pamela Labonte Maksy, Chief Operating Officer/Director of Financial Services GMA Foundations

Pamela joined GMA Foundations in 1998 and became a principal partner in June 2000. As Director of Financial Services, she provides and oversees customized accounting and bookkeeping services for GMA’s client foundations. Pamela specializes in helping GMA’s clients achieve their philanthropic goals by working with them to plan and manage their annual distributions for maximum impact.  Pamela is a cum laude graduate of College of the Holy Cross, where she was inducted as a member of Phi Beta Kappa.

Alfonso A. Perillo, CPA, CFE, MSW

Alfonso Perillo has worked in public accounting for over 14 years, and specializes in providing assurance and taxation services to nonprofits, including public charities and private foundations.  He is also a Certified Fraud Examiner.  Prior to becoming an accountant, Alfonso was as a social worker. As a former practicing social worker, he brings a unique perspective to the services he provides his nonprofit clients.

 

Registration type: 
Normal registration

AGM Policy

Refunds: When an event or program requires payment, payment is required in advance unless alternative arrangements have been made with an AGM staff member. If payment has not been received and/or arrangements have not been made three or more business days before the event date, AGM reserves the right to cancel your unpaid reservation. AGM does not provide refunds, but a credit good for one year may be issued for future events if notice of nonattendance is received three or more business days prior to the event. If you need to cancel your event registration, please email AGM staff at info@agmconnect.org.

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133 Federal Street, Suite 802 | Boston, MA 02110
Phone: 617.426.2606 | Fax: 617.426.2849
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