Home » ReSource at Iliff » 2018 ReSource Workshop: Essentials of Financial Management

ReSource Workshop:
Essentials of Financial Management
With Rev. Sherry Ferriman (MDiv, MBA)
 Wednesday & Thursday, May 9-10, 2018
8:30am – 5:00pm

 

Registration for this event is now closed.

Course Content

This two-day workshop, based on Iliff’s popular Financial Management course, is designed for leaders (and leaders-to-be) who are involved in the involved in budget planning, financial reporting, and/or the overall leadership of the financial aspects of local churches, non-profits, or other ministry or service settings.

The love of money may be the root of all evil, but the knowledge and responsible use of money is imperative for non-profit organizations and churches. The words “Financial Management” may be intimidating to many; however, the reality is non-profit and church leaders have the responsibility to measure the success of their organization. Measuring the success of a non-profit organization or a church can be challenging because the success is not and should not be based on the bottom line or profit margin. A non-profit and church success is based on their mission and their ability to achieve, maintain and sustain their mission. Learning to understand financial documents, terms, and reports is like learning a foreign language that has different dialects depending on the organization or information you are reading. The Financial Management workshop will help you begin to understand the basics of finance, understand how to evaluate a non-profit or church, and make leadership decisions based on the financial picture.

Topics include:

  • Budget preparation;
  • Understanding financial reports;
  • Decision-making and forecasting;
  • Developing and understanding metrics and measures;
  • Interfacing with committees, teams, and organizational staff responsible for finances.

Registration Information

Registration Fee: $149 per person
$99 for Iliff alumni
$49 for current Iliff students

Discounts are available for groups attending from a single organization. Contact the program for more information.

Location & Accessibility

This event is held at the Iliff School of Theology, 2323 East Iliff Avenue, Denver. The main entrance to the facility is at the south end of the building, and is accessed from East Iliff Avenue. Please note that we have a secure campus, so older entrances (the north doors of Iliff Hall, and the breezeway between Iliff Hall and the newer buildings) are now locked at all times. Our facilities are ADA-compliant.

Parking

Visitor parking is available in the B lot. Parking is $1.50 per hour, to a maximum of $8.00 per day. On-street paid parking is also available on Gaylord Street just north of East Iliff Avenue. The parking garage at the Newman Center (the P lot) is also available, and can be accessed off of East Wesley Avenue between South University and South York Street. For more parking information, including a map, click here.

Meals

Registration does not include meals, although light snacks and refreshments throughout the day. There are many meal options within three blocks of Iliff, and we will allow 90 minutes for lunch. Ordering food for delivery is an option as well.

Smoke-Free Campus

Both the Iliff and the University of Denver campuses are smoke-free. Smoking is not allowed in buildings or anywhere on campus.

About Rev. Sherry Ferriman

Rev. Ferriman has over 30 years expertise as a business leader in governmImage of Rev. Sherry Ferrimanent, for-profit and non-profit sectors. Sherry was awarded a Bachelor of Science in Business Administration / Information Technology Management in 2005, and a Master of Business Administration from Trident University in 2010. After being called to ministry, she pursued her Master of Divinity from Iliff School of Theology in 2016. Sherry is currently a bi-vocational United Methodist Provisional Elder, serving two rural churches in Colorado and planting Neutral Zone, a new church, in Colorado Springs to serve military veterans experiencing moral injury. Sherry is the Chief Financial Officer for a public school district as she makes the transition between business and ministry.