Financial Management

Kay Sohl, Nonprofit Consultant

May 13, 2010
8:30 am - 4:00 pm

Event Description

Ready to move beyond survival? We'll explore techniques that will help focus your budget and financial planning efforts, in order to increase your nonprofit's sustainability.

Master the tools you need to:

• Design your annual budget format to clarify significant financial choices
• Avoid misleading approaches to cost allocation
• Understand the strengths and limitations of your current business models
• Identify unused or underutilized capacities
• Use modeling to test potential financial outcomes of new strategies
• Prepare grant budgets to get the resources you need most

Don't miss this opportunity to prepare for your nonprofit's next budget process. Find out how you can help board and staff leaders evaluate your current business models and guide investment of limited resources to increase your nonprofit's capacity and sustain and enhance its most important work.

As founder and former executive director of TACS, workshop leader Kay Sohl has worked with thousands of the Northwest's nonprofits to develop budget and business strategies for sustainability. In her new training and consulting practice, Kay is working with nonprofits in every part of the country as they confront an economic roller coaster of rapid change.

In the words of a participant in her most recent training for NAO/TACS: "Kay Sohl is in a league of her own; with her command of the language and the subject matter combined with her delightful sense of humor...it is as good as training ever gets."

Cost: $150.00
NAO Nonprofit Members: $135.00 Join the Nonprofit Association of Oregon (NAO). View the NAO member list.

Location

Ecotrust Conference Center
721 NW 9th Avenue
Portland, Oregon 97209
Recommended Parking: Station Place Parking Garage on Station Way

Kay Sohl, Nonprofit Consultant

January 7, 2010
8:30 am - 4:00 pm
Registration includes continental breakfast and lunch

Event Description

Master the tools that every executive director, fiscal manager, and board member needs for effective financial management in uncertain times. Learn budgeting, accounting, and financial reporting techniques to deal with multiple programs and multiple funding sources, cash flow issues, and the challenge of building reserves.

Master the five essential functions for effective financial management:

• Planning: Annual budgets, capital budgets, grant budgets, cash flow projections
• Execution: Fiscal controls to protect your nonprofit
• Recording: Accounting system choices and challenges
• Reporting: Getting and using the financial info you need
• Monitoring: Tracking progress and revising course

Nonprofit Financial Fundamentals provides practical approaches to strengthen your nonprofit's financial management and meet the highest standards for accountability. This full-day, interactive workshop also offers a great opportunity to improve communication between executive directors and fiscal managers/accountants and to increase board involvement in productive financial oversight. Take home a comprehensive packet of self assessment tools, checklists, and samples to help your board and staff address key financial management issues for your nonprofit.

The Presenter

Kay Sohl has provided financial management training and consultation for over 3000 nonprofit organizations throughout the Northwest. Training participants praise Kay's ability to make complex financial tools and concepts understandable for both non-financial and financial audiences. Kay draws on her experience as a nonprofit board member, executive director, consultant, and auditor to provide multiple perspectives on some of the most daunting issues confronting nonprofits today.

Audience

This training will benefit anyone wanting to understand the tools and challenges of nonprofit financial management, including executive directors, fiscal staff and board members.

Cost: $150.00
NAO Members: $135.00 Join the Nonprofit Association of Oregon (NAO). View the NAO member list.

Location

Ecotrust Conference Center
721 NW 9th Avenue
Portland, Oregon 97209
Recommended Parking: Station Place SmartPark at 720 NW Marshall

Points awarded in Category 1.B – Education of the CFRE International application for certification.

Alice Forbes, Operations Director, Nonprofit Association of Oregon/TACS
Diane Hood, CFO, Mary’s Woods at Marylhurst, Inc
Marshall J. Miller, CPA

June 24, 2010
Presentation from 7:30 - 9:00 am, with networking until 9:30 am
Includes Continental Breakfast

Event Description

Support from key managers in your organization is critical to understanding and presenting financial and program data and analysis. Management staff and their teams want to know more about their programs and activities, but may be reluctant to play a role in the tracking of critical indicators. Join our nonprofit panel for their examples and advice. Discover how other organizations are engaging staff in tracking - how it's working and what they would change.

Learn about getting started and moving forward with your team:

• Overcoming barriers and institutionalizing a functioning tracking system
• Getting everyone on board
• Keeping everyone on the same page so data collection is consistent and useful

About the Panel

With over 20 years experience as staff of and consultant to nonprofit organizations, Alice Forbes, TACS Operations Director, brings extensive experience creating and analyzing the data and documents that describe the mission and health of an organization. She employs her acute skill for collecting and analyzing community and industry trends and insights to communicate to stakeholders how those factors impact their organizations.

Diane Hood is a C.P.A. and has been the Chief Financial Officer for Mary’s Woods at Marylhurst, Inc. since the CCRC opened in 2001. Prior to that time, in her role as Chief Financial Officer for the Sisters of the Holy Names of Jesus and Mary, Diane helped the religious community plan, develop, finance, and construct Mary’s Woods at Marylhurst in 1999. After leaving public accounting she began work with the Sisters of the Holy Names in 1993. She assisted the religious order in investments, accounting functions, retirement planning and financial projections, and eventually reconfigured their corporate structure.

With over 35 years experience as a CPA, Marshall Miller has worked with many non-profits and for-profits. Since moving to Portland in 1996 some of his clients include: The World Affairs Council, Harambee Centre, Hostelling International-Portland, Washington State Council, Scandinavian Heritage Foundation, Globio, Basic Rights of Oregon, Dove Lewis Emergency Animal Hospital, Oregon Death With Dignity, Potomac Area Council, Wild Salmon Center, and more. He is currently working with Literary Arts as their Finance Director on a contract basis.

Cost: $25.00
NAO Nonprofit Members: $22.50 Join the Nonprofit Association of Oregon (NAO). View the NAO member list.

Location

Ecotrust Conference Center
721 NW 9th Avenue
Portland, Oregon 97209

Network Description

Using your feedback and our knowledge of the sector, TACS has developed a curriculum full of tools you need to stay up to date on nonprofit financial management challenges and related legal and compliance issues. By participating in the series, you’ll gain the knowledge and resources you need to keep your nonprofit on track.

Gwendolyn Griffith, Executive Director, Oregon Facilities Authority

August 7, 2009

Networking from 3:00 to 3:30 pm
Presentation from 3:30 to 4:30 pm followed by a cocktail hour hosted by Bank of Astoria

Event Description

Bank of Astoria has partnered with TACS and the Oregon Facilities Authority to help nonprofits explore utilizing tax-exempt bonds in order to lower interest costs. This financing opportunity offered through the Office of the State Treasurer can help Oregon nonprofits better serve their communities by reducing their costs of doing business. The Oregon Facilities Authority (OFA) helps nonprofits of all sizes to qualify for and benefit from tax-exempt bonds, which translate into lower interest costs. Proceeds of OFA bonds can be used to remodel, expand, or acquire a facility. They may also be used to refinance loans previously taken out for these purposes.

Please consider two recent examples. The Oregon Facilities Authority helped PeaceHealth issue $350 million in bonds for a new hospital in Springfield. The Deschutes Children's Foundation in Bend used $700,000 in OFA bonds to complete construction of its new facility. When nonprofits save on interest costs, they can devote more money to their missions - helping the citizens and environment of Oregon.

Working with the Office of the State Treasurer, the Oregon Facilities Authority provides meaningful oversight of these transactions. This includes a reliable and cost-effective process for issuance, and a process for preventing problems arising from audits or compliance problems.

The Presenter

Gwendolyn Griffith serves as the Executive Director of the Oregon Facilities Authority.  She is also a tax attorney with the Portland law firm of Tonkon Torp LLP, which also hosts the Oregon Facilities Authority. Gwendolyn is an author and frequent speaker on issues relating to the Authority, as well as tax and business matters for nonprofits and businesses.

Cost: $25.00
NAO Nonprofit Members: $22.50 Join the Nonprofit Association of Oregon (NAO). View the NAO member list.

Lead Sponsor

Venue Sponsor

Columbia River Maritime Museum
1792 Marine Drive
Astoria, OR 97103

Presenter: Kay Sohl, Nonprofit Consultant & Founder of TACS	Venue Sponsor
Date: April 2, 2009 Time: 8:30 am - 4:00 pm Registration includes continental breakfast and lunch

Regular Fee: $150.00
NAO Member Fee: $135.00

Find out more about the Nonprofit Assoiciation of Oregon and become a member or see the NAO member list.

Event Description

Nonprofits have never been more needed or more threatened than they are in the midst of the current recession. Effective financial oversight is more essential than ever. The ability of managers and board members to make sound decisions based on reliable financial information may ensure organizational survival.

The media, Congress, the IRS, and auditors all want nonprofit boards and executive directors to provide more meaningful oversight of their organization's finances. Many community-based nonprofit board members and executive directors find themselves long on commitment and programmatic knowledge but short on financial expertise. This workshop is designed for executive directors, board members, and fiscal managers with tools and strategies they need to provide high level financial oversight and direction for their nonprofits.

Workshop topics will include:

• Board oversight responsibilities in turbulent financial times
• Essential financial info for strategic decision-making
• "Must have" policies and procedures
• Fraud prevention - board and management roles

Workshop leader Kay Sohl has worked on financial oversight issues with boards, executive directors, fiscal managers, and auditors of nonprofit organizations throughout the Northwest. Kay has presented workshops on fraud prevention, financial reporting, and board oversight for the Oregon Society of CPAs, the American Institute of CPAs Not-for-Profit National Conference, and thousands of community-based nonprofit leaders. Training participants praise Kay's ability to make complex financial tools and concepts understandable for both non-financial and financial audiences.

Location

St. Charles Medical Center
2500 NE Neff Rd
Bend, Oregon 97701

Presenter: Kay Sohl, Nonprofit Consultant Date: February 11, 2009 Time: 8:30 am - 4:00 pm

Sponsored By:

Cost: $125.00
Nonprofit NAO Members: $112.50
Become a member of the Nonprofit Association of Oregon or check the NAO member list.
Registration includes continental breakfast and lunch

Event Description

Master the tools that every executive director, fiscal manager, and board member needs for effective financial management in uncertain times. Learn budgeting, accounting, and financial reporting techniques to deal with multiple programs and multiple funding sources, cash flow issues, and the challenge of building reserves.

Master the five essential functions for effective financial management:

• Planning: annual budgets, capital budgets, grant budgets, cash flow projections
• Execution: fiscal controls to protect your nonprofit
• Recording: accounting system choices and challenges
• Reporting: getting and using the financial info you need
• Monitoring: tracking progress and revising course

Nonprofit Financial Fundamentals provides practical approaches to
strengthen your nonprofit’s financial management and meet the highest
standards for accountability. This full-day, interactive workshop also
offers a great opportunity to improve communication between executive
directors and fiscal managers/accountants and to increase board
involvement in productive financial oversight. Take home a
comprehensive packet of self assessment tools, checklists, and samples
to help your board and staff address key financial management issues
for your nonprofit. 

Who Should Attend:

This training will benefit anyone wanting to understand the tools and challenges of nonprofit financial management, including:

• Executive Directors
• Fiscal Staff
• Board Members

About the Presenter

Kay Sohl has provided financial management
training and consultation for over 3000 nonprofit organizations
throughout the Northwest. Training participants praise Kay’s ability to
make complex financial tools and concepts understandable for both
nonfinancial and financial audiences. Kay draws on her experience as a
nonprofit board member, executive director, consultant, and auditor to
provide multiple perspectives on some of the most daunting issues
confronting nonprofits today.

Location

Downtown Athletic Club
999 Willamette
Eugene, OR 97401

Presenter: Kay Sohl, Nonprofit Consultant and Founder of TACS	Supported by:
Date: December 4, 2008 Time: 8:30 am - 4:00 pm Registration includes continental breakfast and lunch

Price:
$135.00 - General Admission
$121.50 - RVDP Season Pass Holders
$121.50 - NAO Member Admission
Find out how to become a member of the Nonprofit Association of Oregon or Check the NAO member list. 

Event Description

Master the tools that every executive director, fiscal manager, and board member needs for effective financial management in uncertain times. Learn budgeting, accounting, and financial reporting techniques to deal with multiple programs and multiple funding sources, cash flow issues, and the challenge of building reserves.

Master the five essential functions for effective financial management:

• Planning: annual budgets, capital budgets, grant budgets, cash flow projections
• Execution: fiscal controls to protect your nonprofit
• Recording: accounting system choices and challenges
• Reporting: getting and using the financial info you need
• Monitoring: tracking progress and revising course

Nonprofit Financial Fundamentals provides  practical approaches to strengthen your nonprofit’s financial management and meet the highest standards for accountability. This full-day, interactive workshop also offers a great opportunity to improve communication between executive directors and fiscal manager/accountants and to increase board involvement in productive financial oversight.  Take home a comprehensive packet of self assessment tools, checklists, and samples to help  your board and staff address  key financial management issues for your nonprofit.

Who Should Attend:
This training will benefit anyone wanting to understand the tools and challenges of nonprofit financial management, including:

• Executive Directors
• Fiscal Staff
• Board Members  

About the Presenter

Kay Sohl has provided financial management training and consultation for over 3000 nonprofit organizations throughout the Northwest. Training participants praise Kay’s ability to make complex financial tools and concepts understandable for both nonfinancial and financial audiences. Kay draws on her experience as a nonprofit board member, executive director, consultant, and auditor to provide multiple perspectives on some of the most daunting issues confronting nonprofits today.

A big thanks to the Carpenter Foundation for supporting this training!

Location

Rogue Valley Country Club
2660 Hillcrest Road
Medford, Oregon 97504
Click here for driving and parking directions.

Regular Fee: $85.00
NAO Member Fee: $76.50
NAO Members receive a 10% discount - Find out more about this great opportunity!

Not sure if your organization is a member of NAO? Check the NAO member list to find out. 

Event Description

In this training you will learn:

• How to apply for tax exempt status
• The most common errors in completing Form 1023, the application for tax exempt status
• What the IRS needs to see in your Articles of Incorporation
• Financial information you need to complete Form 1023

Learn how to complete Form 1023, the Application for Tax Exempt Status for charitable nonprofits. This clinic provides a walk-through of the application process, and includes discussion of the most important, difficult, and potentially confusing questions. Registration for the clinic is limited to 16 participants to be sure we have time to address questions and specific challenges.

The clinic is intended both for groups who want to do their own application for tax exempt status and for those who will work with an attorney or accountant but want to understand the key concepts and challenges involved in qualifying for exempt status under Section 501 (c)(3).

To get the most out of the Clinic:

• Download both Form 1023 and its instructions, and Publication 557 from the IRS website (click here..)
• Read over Form 1023 and mark questions you find confusing
• Download Form SS-4, the Application for Employer ID # or bring your number if you’ve already applied
• If you’ve already incorporated, bring your Articles of Incorporation
• If you have a website, print-out and bring the page which has the clearest description of what your nonprofit does

If you haven’t incorporated or don’t have a website, don’t worry. We’ll cover the basic do's and don’t's of the application and help everyone get ready to apply.

Location

TACS Conference Room
1001 SE Water Ave, Suite 490
Portland, Oregon
Click here for driving and parking directions.