Getting the Real Story from Nonprofit Financials

Financials are just one piece of the story when considering whether or not to make a grant. Coupled with open conversation, financials can provide insights into a nonprofit’s financial situation, sustainability, and overall organizational capacity. Learn how to look at nonprofit financials beyond the numbers and with an eye toward trends in the field.

Viewers will:

  • Learn how to recognize signs of a financially healthy nonprofit, with a focus on an organization’s unique circumstances
  • Understand how to engage nonprofits in conversations about their financial situation and true needs
  • Identify financial red flags that warrant further conversation and understand how to formulate appropriate questions based on those red flags

Original air date: September 18, 2018

​Hilda Polanco

Founder and CEO

Fiscal Management Associates (FMA)

Hilda is the founder and CEO of FMA, a management consulting firm that builds the capacity of nonprofit and foundation leaders nationwide. Skilled at navigating the challenging relationships between nonprofits and their foundation investors, Hilda designs and delivers training to the staff of nonprofit organizations and supports funder grantmaking and investment strategies designed to maximize grantees’ financial resilience. 

Hilda has been published widely on a variety of topics in nonprofit fiscal management and leads FMA’s nationwide staff in capacity-building partnerships that leverage place-based strategies and anchor institutions to build community around fiscal management best practices.

Grants Management Professional Competency Model

Cross-Cutting Competencies

  • Financial Management: Implement financial policies and controls to ensure effective and efficient deployment of financial resources for grantmaking.

Lifecycle of a Grant Competencies

  • Planning and Pre-Grant: Design and implement the review process to support an informed grant decision.