NOSORH Rural Health University: Financial Literacy for Nonprofit and Government Organizations

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Financial Literacy for Nonprofit and Government Organizations is an on-demand course designed for individuals without a finance background that introduces rural health professionals to the foundations of nonprofit and government financial literacy, equipping them with tools to read and interpret key financial statements. Participants will explore basic terminology, learn to navigate income statements, balance sheets, and cash flow reports, and apply insights to budgeting, grant management, and decision-making.

Learning objectives:

• Define essential financial terms and reporting structures for nonprofit and governmental organizations
• Read and interpret key components of nonprofit and government financial statements
• Identify red flags and insights from the income statement, balance sheet, and statement of cash flows
• Apply financial literacy to real-world scenarios such as budgeting, grant applications, and compliance reporting

Sessions include:

• Financial Foundations - The building blocks of nonprofit and government accounting
• Revenue with a Purpose - Making sense of the income statement
• Financial Health at a Glance - Reading the Balance Sheet
• Following the Money - Understanding the statement of cash flows

The course is designed for State Offices of Rural Health staff, Rural Health Clinic and hospital administrators, finance-adjacent professionals in rural health organizations, and nonprofit or governmental leaders who support financial reporting, grants, or strategic planning, especially those without a formal background in finance.

There is a $200 registration fee.

The course is available for one year after the purchase date.

Registration link is available on the program website. See the Navigating Rural Health University video for payment details.