October Workshop: Best Practices for Nonprofit Finances
Date: Monday, October 12, from 5 to 6 pm (1-hour workshop, followed by optional 30 minutes of networking)
Location: The Current meeting space at Keweenaw Community Foundation, 417 Quincy Street, Hancock.
Workshop Details
When community organizations focus on advancing their mission, financial responsibilities like bookkeeping and annual filings can sometimes fall to the bottom of the to-do list. Unfortunately, even small oversights can add up and create challenges for compliance, informed decision-making, and the ability to earn the trust of donors and funders.
This introductory workshop will highlight some of the most common financial and compliance mistakes nonprofits make, along with practical steps your organization can take to avoid them.
We’ll begin with the basics of nonprofit due diligence and explore:
Michigan LARA and IRS filings
Key considerations related to UPMIFA
Common bookkeeping red flags
Best practices and techniques that can help your board and staff better understand the organization’s financial position
After this workshop, we hope you leave with a practical strategy for reviewing your organization’s financial health.
No accounting background is required. Whether you’re a nonprofit staff member, board member, treasurer, bookkeeper, or volunteer helping manage an organization’s finances, this session is for you.
Please bring a laptop or notebook if you'd like to take notes or save resources shared during the workshop.
Free to attend, no RSVP required
60-minute workshop, followed by 30 minutes of optional Q&A and networking
Open discussion + peer support
Light refreshments provided
Submit Your Questions Early!
Have a nonprofit accounting or compliance question you’d like Laura to address? Submit your question ahead of time using our optional question form. You can include your name and organization or submit anonymously. Advance questions will help shape the workshop and allow us to focus on the topics that are most useful to local organizations.
Come learn, ask questions, and gain a clearer sense of the financial practices that can help keep your organization compliant and well prepared. We hope to see you there!
Facilitated by Laura J. Sieders
We’re excited to welcome Laura J. Sieders from Michigan Technological University as this session’s facilitator. Laura is the Director of Michigan Tech’s MS in Accounting Program. Her teaching interests include intermediate accounting, auditing, and managerial accounting. Prior to her teaching career, Laura spent 25 years in industry, with a focus on the non-profit sector in Washington, D.C.
About the KCF Nonprofit Education and Networking Series
The KCF Nonprofit Education and Networking Series is designed to strengthen local organizations through shared learning, resources, and collaboration. Sessions are free and open to anyone looking to support their community more effectively. Registration is not required.
