Funders, watchdogs, donors, auditors, other nonprofits and the general public are interested in your organization’s ratios. How much does your organization spend on programs? How much do you spend on fundraising? How much goes to management and general? Your cost allocations and methodology help to determine these ratios and need to present your organization accurately.
In this course you will learn the various components of cost allocations, how to determine your true costs and how to present your organization as accurately as possible. We will explore the difference between specific and common expenses, how to allocate among functions, and discuss the different allocation methodologies for personnel and non-personnel expenses. We will also cover some troubleshooting techniques for improving your allocations and strategies for moving forward if you don’t currently have an allocation methodology.
After this course you will be able to:
- Define cost allocations
- Understand your organization’s functional expenses
- Describe the difference between specific and common expenses
- Allocate among functions
- Choose an allocation methodology best suited for your organization
Who should attend: Executive Directors and Chief Financial Officers
Dates and Times:
January 16, 2013
1:00 PM – 2:45PM EST
Fees:$72 or complimentary for FMA Institute members
For On-line Courses:
Log-in information for the webinar (phone & registration link) will be emailed to the email address you provided by 5 pm ET the day before the session.
Level of Knowledge: Intermediate level
Prerequisites/Advance Prep: Please bring your latest audit or Form 990
CPE credits: 3 (for in person courses)/ 2 (on line)
If the event is closed and you would like to attend please contact Eva Andrew at firstname.lastname@example.org