Course Description
Would you know if your nonprofit is in the Zone of Insolvency and understand the related legal responsibilities and liabilities of operating in financial distress?
Approximately one-third of nonprofits—more than 450,000 organizations—function perpetually in the Zone of Insolvency, i.e., in financial distress, and approximately seven percent are completely insolvent. What is the impact of hundreds of millions of dollars given to charitable organizations that operate in perpetual financial distress? Do board members have an inherent obligation to keep nonprofit organizations in operation regardless of their financial condition, or their mission effectiveness?
Ron Mattocks possesses the knowledge and authority that comes from many years of leadership and consulting in the nonprofit sector. Zone of Insolvency shines a bright and urgent light on the real issue of creating financial strength across the whole spectrum of nonprofit organizations.
This course confronts the brutal facts of financial self-examination in nonprofits and equips professionals with a framework for thinking about their organizational options that will lead them to move beyond resigned acceptance of perpetually living in the Zone of Insolvency.
This course takes an honest look at the fundamental obstacles facing the nonprofit sector through case studies of organizations including:
- United Way of America: Business or Charity
- American Red Cross: Aggressive Stance Against Fraud
- Allegheny Health, Education & Research Foundation: Toxic Growth
- United Way National Capital Area: Right of Ownership
- Electronic Industries Alliance: Dissolution Celebration
A rousing wake-up call to nonprofits of every size and background, this insightful course uniquely shows you how to rise above "business as usual" with practical, workable solutions to launch your organization out of the Zone of Insolvency and into financial viability.
Course MaterialsUpon ordering, you will receive the text material via USPS Priority Mail, generally within 3-4 days; overnight delivery is available for an additional charge. This complete CPE course includes:
- Textbook - written by experts in their field and will make a great addition to your personal reference library!
- Interactive Study Guide
- Test Booklet and Answer Sheet
- Log-on instructions for the taking the Certification Exam online.
Exam FormatThe test includes 5 True/False or multiple choice questions for each CPE credit offered (for example, a CPE test worth 20 credits would include 100 questions). A score of 70% or better is required to pass this course; there is no limit to the number of times you may take the exam in order to pass.
After you have completed reviewing the text material, you may take your exam in one of two convenient formats:
- Test Booklet/Answer Sheet - read the textbook, record the answers to the test questions on the answer sheet and then return the answer sheet to us. You may either fax it or simply mail it in.
- Online Testing – log in and take your exam in an untimed, online format (the online questions are the same as those in your testing booklet) - your exam will be graded instantly! Most students fill out the answer sheet as they read through the book, and then transfer their answer sheet online.
CPE CertificationWhen you successfully complete the course, you will receive a Certificate of Completion indicating the course title and how many credit hours you earned.
- Students who take the examination online can print out the Certificate instantly.
- Students who mail/fax in their answer sheet will have their Certificate returned to them (if successful on the exam) by mail, fax or email. Certificates are usually sent within 24 hours from the time we receive your test.
Course SummaryProgram Type: This is an interactive, self-study CPE course.
Program level: Basic
Prerequisites: None
Advanced Preparation: None required
Minimum final examination passing grade: 70%
Maximum time allowed to complete the program: One year from date of purchase