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Nonprofit Webinar
From Crisis to Clarity: Navigating Uncertainty through Financial Scenario Planning
Please join NPLI and United Way Fox Cities for From Crisis to Clarity: Navigating Uncertainty through Financial Scenario Planning with Steve Zimmerman, Principal of Spectrum Nonprofit Services.
From shifting political dynamics and executive orders to a volatile stock market and economic uncertainty, nonprofits are under intense pressure across all funding streams. While we've weathered crises before - most recently during the pandemic - this moment feels different and even more complex.
In today's ever-shifting environment, created "good, bad, and worse" budget scenarios feels nearly impossible. Yet leaders must be ready to make strategic decisions in the face of ambiguity.
Join us for an interactive webinar designed to help you update your scenario planning approach. We'll explore the key drivers of your organization's business model and how to prepare for unexpected funding shocks. Through a focus on revenue streams, reserves, cost structures, and mission impact, you'll gain tools and a mindset to make confident decisions - even with limited information - and protect what matters most your mission - no matter the scenario.
Event Details:
Date and Time: Thursday, May 22nd 9:00 AM - 11:00 AM
Location: Virtual via Microsoft Teams
Who Should Attend: Any nonprofit staff or board member involved with organizational finances and risk mitigation.
What to Expect:
At the end of this session, participants will have:
- A new mindset around scenario planning built for today's ambiguity that identifies the key components of an organization's business model that can be adjusted in funding shocks.
- Steps to assess short-term and long-term financial health, including cash flow, liquidity and reserves.
- Frameworks for making strategic decisions that balance impact and financial considerations.
- An inclusive approach to future scenario planning that empowers staff and board members and aligns budgeting and planning.
Registration Fee:
- This virtual session is $5.00 for any nonprofit organization.
Facilitator:
Steve Zimmerman, Principal of Spectrum Nonprofit Services
Steve Zimmerman serves as the Principal of Spectrum Nonprofit Services. His extensive nonprofit experience includes serving as a Chief Financial Officer, Development Director, and Associate Director at community-based nonprofits, where he performed turnarounds resulting in increased financial sustainability and programmatic reach.
Steve Zimmerman is a co-author of The Sustainability Mindset: Using the Matrix Map to Make Strategic Decisions with Jeanne Bell and the bestselling book Nonprofit Sustainability: Making Strategic Decisions for Financial Viability with Jeanne Bell and Jan Masaoka. The books highlight Spectrum Nonprofit's integrated approach to nonprofits, which balances mission impact and financial viability.
Additionally, Steve's writing has been featured by Nonprofit Quarterly, BoardSource, and Harvard Business Review, and he contributed the strategy chapter to Wiley's Nonprofit Management 101. He is a sought-after trainer and speaker on adaptive strategy, business models, and revenue strategy for nonprofits.
Refund Policy:
All registration fees are non-refundable. However, if an event is cancelled or postponed, the following conditions apply:
- Event Postponement: If NPLI postpones an event, registrants will not receive a refund of the registration fee. If you are unable to attend the new date, you may send someone in your place. All registrants will be notified via email immediately if an event is postponed.
- Event Cancellation: If NPLI cancels an event, registrants will receive a full refund of the registration fee. The refund will be credited to your Wild Apricot account for use towards future sessions. All registrants will be notified via email immediately if an event is cancelled.
