BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Fairfield County's Community Foundation - ECPv6.3.2//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:Fairfield County's Community Foundation X-ORIGINAL-URL:https://fccfoundation.org X-WR-CALDESC:Events for Fairfield County's Community Foundation REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/New_York BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20170312T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20171105T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/New_York:20171101T090000 DTEND;TZID=America/New_York:20171101T123000 DTSTAMP:20240329T083518 CREATED:20170614T124506Z LAST-MODIFIED:20170718T130159Z UID:5367-1509526800-1509539400@fccfoundation.org SUMMARY:The Right Time to Rightsize? DESCRIPTION:With the ongoing challenges associated with government budgets and public spending policies at the federal through local levels\, many nonprofit organizations are seeing reductions in revenue and delays in payment associated with government funding. Given the limited leverage organizations have over that particular revenue stream – as well as\, in many cases\, limited funding from other sources – nonprofits affected by this may need to think seriously about changing or reducing their mix or levels of program services. \nThis half-day training session will focus on the financial analysis and strategy associated with “rightsizing” operations in response to revenue reductions. Topics covered in the session will include: \n\n“Tough decisions”: What are the indicators that it may be time to consider reducing operations\nProgram portfolio analysis: How to use a “mission-money” approach to identify programs and activities for potential reconsideration\nExpense analysis: How to determine the true bottom-line impact of reductions in programs and services\n“Prevention is the best cure”: How to strategically approach decisions on new funding and program opportunities to avoid future challenges\nLessons from the field: What practitioners know (and wish they had known) based on their experiences with rightsizing\n\nClick here to register. Organizations are strongly encouraged to bring multiple members including executive management\, lead finance person(s) and board if possible. \nPresented by Fiscal Management Associates. URL:https://fccfoundation.org/event/right-time-to-rightsize/ LOCATION:Fairfield County’s Community Foundation\, 40 Richards Avenue\, Norwalk\, CT\, 06854\, United States CATEGORIES:Center for Nonprofit Excellence,Foundation Events ORGANIZER;CN="RJ Mercede":MAILTO:rmercede@fccfoundation.org END:VEVENT END:VCALENDAR