Walden Conservatory of Music: A Case of Nonprofit Financial Analysis and Strategic Planning

Abstract

Charitable nonprofit organizations are entrusted with financial resources to ensure they are able to fulfill their mission. It is imperative that these resources are well managed and that the nonprofit organization maintains a sound financial condition. It is also important for nonprofits to consider the financial aspect of their strategic plan to ensure there will be enough financial resources to deliver on future programmatic plans. This case requires students to do a thorough assessment of the financial condition of a nonprofit organization and to consider how each of their primary programs fit both with their mission as well as with their financial resources.