ANALYZING CHURCHES, CHARITIES, PRIVATE SCHOOLS AND OTHER NON-PROFIT ORGANIZATIONS

COURSE OVERVIEW

Non-Profit Organizations (“NPO”) are common in the marketplace for most banks and may comprise a noticeable portion of a bank’s loan portfolio. NPOs can be grouped as being providers of a Public Benefit (museum, schools, hospital and civic groups) or provider of a Mutual Benefit (churches, trade or professional association, and clubs)

Since the ultimate goal of an NPO is having resources sufficient enough to meet its objectives of providing a social service or need, cash is more important than profitability. As such, the skills required to understand and underwrite the risks involved in this type of lending is quite different from analyzing profit oriented organizations.

This course is designed to introduce participants to the various types of NPOs and present appropriate methods of analyzing and lending to these types of entities. It will highlight a Religious Organization; a Private School, and a Non-Profit Service Provider.

This course will also introduce Statement of Financial Accounting Standards 116 (Accounting for Contributions Received and Contributions Made); and Statement of Financial Accounting Standard 117 (Financial Statements of NPOs). These Standards replace Fund Accounting, which was used previously by NPOs for many years. The new Standards are different from the general accounting principles followed by FPOs.

After completing this course the participant will be able to:

  • Understand NPOs’ financial statements utilizing Net Asset Fund Accounting under SFAS 116 and 117.
  • Identify and understand the primary differences between the accounting principles for NPOs and the accounting principles for FPOs.
  • Identify the basic information required to analyze Religious Organizations, Charities, Private Schools and Civic Organizations
  • Analyze the financial statements and other information available from Religious Organizations, Charities, Private Schools and Civic Organizations.
  • Utilize key ratios used specifically for Religious Organizations, Charities and Private Schools
  • Identify the risks of lending to Religious Organizations, Charities, Private Schools and Civic Organizations.

WHO SHOULD ATTEND THIS COURSE

  • Commercial Loan Officers
  • Consumer Loan Officers
  • Senior Credit Officers
  • Loan Review Officers
  • Compliance Officers
  • Branch Managers
  • Credit Analysts
  • Loan Support Personnel

Testimonials

"Jeffery did a fantastic job all week keeping us engaged in the material and involved. He was a fantastic coordinator & lead professor"

Cliff Knowlton, Prime South


"WONDERFUL!! Great Instructor, great information. Will definitely attend more of Jeffery's classes".

Ansley Oliver, Georgia Commerce Bank

Read more