This is a live, online event where you’ll participate actively with other attendees! 

Registration for this training is offered on a sliding scale depending on your individual and organizational access to financial resources. Our sliding scale is an intentional effort to distribute resources equitably between organizations and individuals we work with. If your personal or organizational budget allows, please pay the Sustain or Redistribution cost so we can keep registration accessible for leaders and organizations who may not be in the same position. Greater access strengthens us all!

For more information about our public program pricing, click here.

Without accurately allocating shared costs, many nonprofits underestimate the resources necessary to carry out their programs. Unknowingly, the grant proposals and budgets we submit to potential funders may leave out significant, legitimate costs that are required to complete our work and accomplish promised deliverables. We sometimes inadvertently contribute to our own financial challenges by not asking for all that we truly need. The key to avoiding these pitfalls is to set up our nonprofit accounting systems to successfully allocate indirect and shared costs across all of our programs and cost centers.

Join Shétu Rose and Curtis Klotz, and other team members of Diverge Finance Cooperative, as they describe what allocated costs are, share ways to set up an accounting system to allocate costs fully, and guide you through designing an accounting system to transform your nonprofit’s planning, reporting, and fundraising activities.

Who is this workshop for?

The workshop is relevant and useful to organization and program leaders, development leaders and staff, finance and accounting teams, and committee members who must read, use, and communicate nonprofit financial data.

This session outlines how to...

• identify true program costs by distinguishing between direct, indirect, shared programmatic, and administrative costs,

• determine appropriate allocation methods for various types of shared costs, and

• use a two-step process for allocating expenses to arrive at the true cost of each of your programs.