Course Details

As a nonprofit loan fund manager, how do you maximize your mission impact while keeping the lights on? Changes in loan asset design make huge differences in cash position, net surplus, and sustainability. Trade-offs between mission and financial sustainability should be made explicit. In this hands-on course, participants will:

• study the drivers of financial return and the key financing and deployment decisions facing all nonprofit loan fund managers,
• gain experience in reading a nonprofit loan fund’s financial statements,
• learn how nonprofit loan funds can improve the clarity of their financial reporting,
• evaluate the financial performance and sustainability of a nonprofit loan fund using the standard financial metrics and ratios used by analysts in the lending/investing sector,
• use an Excel-based financial model to project 7 years of future financial performance for a loan fund and explore how varying assumptions of asset (loan) design, capitalization choices, and line of business operating expense affect the organization’s annual cash flow and net assets, and
• learn how to systematically apply these concepts in their financial planning to better manage staff and financial resources in order to maximize mission impact while building a sustainable organization.

Some prior experience with Excel, and the ability to read a balance sheet and income statement are required.

Course Length: 2 Days

Tuition: $770.0

Course counts toward a professional certificate (PCP): No