FMA Training: True Costs of Programming

Event Date: 

Monday, October 6, 2014 - 9:00am

Event Location: 

CLASS
1400 S Braddock Ave.
Pittsburgh, PA 15218

The True Costs of Programming training was presented by John Summers and Hilda Polanco of Fiscal Management Associates (FMA) and included the following topics:

  • An introduction to the “nonprofit starvation cycle” and the importance of communicating the full cost of programming to funders
  • Understanding different cost allocation methodologies and ensuring allocations are appropriately substantiated
  • Identifying indirect costs and building them into program budgets to understand the real costs of program delivery
  • Calculating full cost, including identifying shared costs and allocating these costs across programs and functions
  • Identifying the unit of service delivery
  • Understanding how data on unit cost can be used to drive an organization’s revenue model and inform the decision-making process

Participants were also offered a free 1-hour consulting session with FMA consultants.