How To Run Your Not-For-Profit Like A for-profit

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How To Run Your Not-For-Profit Like A For-Profit

Reviewed

November, 2023

Megan Angle

Learning Objectives

To understand the value of running the organization at an operational profit and how it impacts future goals.
To develop a roadmap to developing a strategic plan for the organization.
To incorporate the necessary ongoing management tools to align the day-to-day activities of the organization with the strategic plan and future growth.

Course Description

Can an NFP be managed like a business? We believe not only can it but that in several instances it SHOULD be. Learn about the best practice approaches of for-profit business management and how they can be translated to the NFP arena to help your organization achieve greater mission impact.

Key topics discussed in this online CPA webinar for CPAs:

The importance an operating profit has on the long-term sustainability of the organization
An introduction to the value and importance of a strategic plan
How to manage the organization on an ongoing basis
The importance and value of the people involved with the organization.

Overview

Can a NFP be managed like a business?

3 mins
Plans for Success

18 mins
Managing for Mission Accomplishment

33 mins
Hierarchy of Emergency Liquidity Planning

40 mins
Your People Potential

51 mins

Webinar Qualifies For

1 CPE Credit of Specialized Knowledge for Certified Public Accountants (CPA-US)
1 General Credit of Specialized Knowledge for Accountant/Bookkeeper/Tax Professionals
1 CPE Credit of Specialized Knowledge for Certified Fraud Examiner (CFE)
1 CPE Credit of Business Mgmnt and Org for Certified Management Accountants (CMA)
1 CPE Credit for Certified Valuation Analyst (CVA)
1 CPE Credit for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1 CPE Credit of Specialized Knowledge for Iowa Licensed Public Accountant (IA-LPA)
1 CPE Credit of Specialized Knowledge for Maine Licensed Public Accountant (ME-LPA)
1 CPE Credit of Specialized Knowledge for Delaware Licensed Public Accountant (DE-LPA)

About Instructor

Megan Angle

Partner, Porte Brown

Megan Angle is a Partner with Porte Brown’s not-for-profit and audit & review services teams in the Elk Grove Village office. She has more than twelve years of experience providing tax consulting, accounting, and audit services for individuals, nonprofit organizations, and closely held businesses. She co-leads Porte Brown’s Not-for-Profit team and is also an integral leader of Porte Brown’s Audit Services team. Since the pandemic hit, Angle has been heavily involved with assisting clients with the ins and outs of the Paycheck Protection Program (PPP) and related COVID-19 business stimulus programs. Megan is the Chair of the Illinois CPA Society’s Not for Profit Committee, Board President for the Tri-Town YMCA and is a board member with her local chamber of commerce among other involvements. Prior to joining Porte Brown, Angle had 4 years of industry experience working for a Not-for-Profit organization while completing her college education. As such, she brings a unique perspective to her work. Megan lives in the Chicagoland suburbs with her husband and two children.

Additional Information

Duration

1 Hour

Course Level

Basic

Instructional Method

QAS Self Study

Pre-requisites

None

Advance Preparation

None

FAQ’s

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MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Ratings and Review

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Daniel Regan, CPA (US)

good information.

1 Credit

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Course Details

Learning Objectives

Course Description

Overview

Qualifies for

Webinar Qualifies For

Presenter Details

About Instructor

Megan Angle

Other Details

Additional Information

1 Hour

Basic

QAS Self Study

None

None

FAQ’s

NASBA APPROVED

Ratings and Review

4.4

Daniel Regan, CPA (US)

Subject Area

Unlimited Access Plan

Inclusions

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