Evaluating Your Nonprofit's Financial Position in Light of COVID-19
DANA has created a tool to help you evaluate your organization's financial position, especially in light of COVID-19. How do you know what your future financial position will be? It starts with understanding your cash flow and how long your resources will last. This is vital knowledge when it comes to applying for the variety of loans and grants available as part of federal and state relief programs. Join instructor, Wil Sherk, as he guides participants through the cash flow model and explains terminology to those who may not be familiar.
The model and instructions are available through our website at this link Template Cash Flow Projection. and Guidance on DANA Cash Flow tool. Please have your prior year’s actual financial results and your current year’s budget available as they will be referenced in the webinar. It is recommended that you review the instructions and model beforehand so that you are familiar with the major components and instructions. The webinar explain how to complete the tool and highlight implications of the projection.