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All Events An Introduction to Depreciation for Nonprofits
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An Introduction to Depreciation for Nonprofits

October 20, 2021 @ 10:00 am - 11:30 am PDT
On-line Free

This webinar is designed for community organizations interested in deciphering the concept of depreciation. Depreciation is a reduction in the value of an asset (such as a building, furniture, office equipment, machinery, etc.) with the passage of time. In this webinar, we will cover what depreciation is all about, the factors that impact depreciation, and why it’s important for nonprofits to know about depreciation.

You will learn about: 

  • Your business model and how depreciation impacts your indirect costs;
  • Earning more revenue and recovering your depreciation expenses from funders;
  • Building reserves;
  • Spreading large capital expenses over time; and
  • Borrowing capital sustainably.

Presenters:

  • Kshama KanakoorFinancial Management Consultant, Community Vision
  • Risa Blumlein KeeperManaging Consultant, Grantmaking & Financial Management, Community Vision
  • Nate SchaffranCo-Director of Lending, Community Vision

 

Date:
October 20, 2021
Time:
10:00 am - 11:30 am
Cost:
Free

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Nonprofit Connection Santa Cruz County is a 501(c)3 corporation, Federal Tax ID# 87-2130376