Project
4:
Final
Presentation – 25% of Final Grade (biggest part)
Prompt:
The
final presentation is designed to apply the knowledge over the semester and
evaluate the financial status of a real-world nonprofit organization of your
choice.
Apply
concepts from course to analyze the financials of a real nonprofit
organization, and give recommendations.
You will
conduct a thorough investigation of the financial status of a nonprofit
organization, and present your findings and recommendations to the board of the
organization.
Imagine
that you are third-party consulting service. You audit the many aspects of
financial status of the nonprofit and report a presentation to the leadership
(CEO and Board of the organization).
You may
have to go beyond the 990 Form – preferably look for an existing organization
through a teammate or a larger organization that has more extensive financial
details.
1.
Apply knowledge in budgeting &
accounting:
Examples:
•
whether the nonprofit has a good budgeting
process (Chapter 2 & 3)
•
whether it has internal controls to prevent
fraud (Chapter 13)
•
most importantly applying the financial
analysis :
•
ratio analysis (Chapter 7)
•
cost-benefit analysis (Chapter 10), etc.).
2. Think about whether the organization has
financing or investments, are there any risks that you foresee?
Risks
when it comes to financing and investments / Ch 11 &12
3. What strengths and weaknesses do you
see from the analysis?
4. What are the red flags? (Page 150)
5. Give
Recommendations: Offer
recommendations that you have for the organization to improve their financial
house.
⁃
What is their financial decision-making process?
(Procedure followed?)
⁃
How do they do their budgeting process?
⁃
What internal controls do they have for their financial
processes? (Guideline and/or Policies?)
⁃
What kind of financial analysis do they conduct?
(Particularly: Ratio Analysis & Cost-Benefit Analysis)
⁃
Do they have any investments? If so, what are the risks
involved?
⁃
What ideas do they have for improving the long-term
financial health of the organization?
⁃
What ideas do they have for improving the efficiency of
their financial process and the profitability of the organization?
Steps:
1.Compile Financial documents for
organization: Form 990 2021 & 2022 / 2022 Financial Statement
2.Join the Group Office Hour on Zoom to share
thoughts and ask questions on April 22 at 7 pm. Join Zoom Meeting: https://uhd.zoom.us/j/84508286509 (Passcode: 6311). Attendance is voluntary, recording will be
available. Questions can be asked on Discussion – Project 4
3.Conduct a thorough investigation of the
financial status of the nonprofit and prepare slides for your presentation
4.Submit the slides (not recordings) and
attach the original financial statements from the organization
5.The final presentation will be 10 – 15
minutes. (12 slides) You have two options to present:
•
Present live on Zoom on Sunday, April 28th at 4 pm. All live presentations will be recorded
and posted on Discussion – Project 4. https://uhd.zoom.us/j/84508286509 Links to an external site.
(Passcode: 6311)
•
OR Record your presentation on your own and post on Discussion – Project 4 no later than Sunday, April 28th at 11:59
pm
7.Optional: share your video with the
CFO/CEO/Board Chair of the organization you analyzed
What to include in your presentation?
1.Introduction and a brief overview of the organizations: what is the name;
location; year of formation; what are the key programs (Slide 1)
2.Examine the financial policies and
procedures: (Slides 2-4)
•
How does the organization make financial decisions
•
What internal controls are in place to prevent fraud
3.Financial analysis (use numbers and
tables): (Slides
5-8)
•
Ratio Analysis (Chapter 7)
•
Cost-Benefit Analysis (Chapter 10)
•
What are the revenue sources?
•
How diversified is the funding?
•
Where are the major expenditures?
•
How is the liquidity?
•
Have there been changes over time?
•
How is the ratio regarding efficiency, profitability,
solvency?
•
How is the long-term capital asset?
•
How are the investment strategies, if any?
4.Overview of financial status: Based on the analysis before, provide an
overall assessment of the financial status (Slide 9)
5.Recommendations: (Slide 10 & 11)
•
How to improve the financial health of the organization.
•
Are there any red flags? (Page 150)
•
How the organization can grow.
•
How to avoid risk.
•
How to improve efficiency and profitability
6.Conclusion: (Slide 12)
•
Summarize the key learnings you obtained from the course
•
How will this project and course aid you in your career
*anything else relevant to the finances of Combined Arms in Houston, TX please include
Textbook: Budgeting and Financial Management for Nonprofit Organizations: Using Money to Drive Mission Success (Second Edition) by Lynne A. Weikart and Greg G. Chen. ISBN 9781478646198
