Inspire for Management Excellence (IME) is a capacity development social enterprise established in May 2018 aiming to have social impact in Sudan and other countries. IME was founded by a team of three professional individuals with the same passion to enhance people’s skills and confidence as well as improving organizational systems. IME registered as a Private Limited company under Commercial Register of Ministry of Justice in Sudan
Planning for Financial Sustainability
||12 - 14 Apr
||12 April 2020
This course is aimed at policy and strategic decision-makers of small to medium-sized NGOs, including Board members. The course is also suitable for international NGO programme managers who advise local partners on how to plan for financial sustainability.
Previous financial management experience or training is not a requirement for this course although it is advantageous to complete the Essentials of Financial Management course first if you are completely new to financial management.
During the course, there will be an opportunity to practice key planning tools using your own organisation’s situation, so it is important that you are familiar with your organisation’s strategic objectives and are in a position to implement the learning after the course. The course will have the most effective outcomes if two people from the same organisation are able to attend at the same time.
The purpose of this course is to build the confidence and skills of NGO leaders to improve the financial sustainability of their, or partner, organizations by:
Assessing and managing critical financial risk
Developing a financing strategy and associated policies.
By the end of the course, you will:
Describe the components of a financing strategy for an NGO including the four key features of a financially sustainable NGO
Outline options for building up unrestricted reserve funds to create a safety net and support future development
Outline options for financing and managing central support costs across the organisation
Carry out a financial risk assessment using selected analysis and mapping tools to identity critical threats facing your or partner NGOs
Analyse financial statements using financial ratios to assess the donor dependency and reserves status of your or partner NGOs’ current and desired financing mix
Carry out a resources audit to establish the potential for alternative financing options in your or partner NGOs
Create an action plan for the next steps to finalise your organisation’s financing strategy.
Our training puts the learner at the center, using practical and fun learning activities supported by easy-to-use materials. We share tools and techniques that can be immediately used in your work.
How to sign up:
Contact the Registration Team firstname.lastname@example.org for more information.
Daily program Timing:
This course will be held daily from 9 am-5 pm, with two 15-minute breaks and a 60-minute lunch. Times subject to change based on location.
Welcome and overview
Introductions, expectations and program overview
What is financial sustainability and how do we achieve it?
Financial SWOT analysis
Stakeholder analysis – the Mendelow matrix
Financial statements – financial ratio and trend analysis
Marketing of NGOs
Where do NGOs get their money from?
The financing mix matrix
Challenges of donor dependency
Financial risk mapping
Financing strategy document
Charging for services
Desired funding mix
Self-financing – membership scheme
Reserves and targets:
What are reserves and different types of reserves
What level of reserves?
Central support costs policy and apportioning costs
Ethical policy and unrestricted funds policy
Stakeholder action plan
Certificates and close
Phone: +249912730450 / +249912730494
Location: 14 Abu Sinn Street -Khartoum /Sudan