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AC #3: Financial Management & Planning in Early Childhood Programs

AD LDSP 583

Analyze the principles of sound financial management. Gain a better understanding of the critical relationship between financial management and program quality.

 

Instructors

Dave Linsmeier

Dave Linsmeier

Dave Linsmeier, BBA, has been the executive director of Mary Linsmeier Schools, Inc. (MLS) since 1988. MLS is a nonprofit organization established in 1964, which operates preschools and childcare programs, in southeast Wisconsin. Dave is also the president and owner of ... read more

Angel Stoddard, MS

Angel Stoddard, MS

Angel Stoddard’s passion to support administrators and early childhood professionals in their pursuit of excellence throughout their program and the field is evidenced by her career path. With a Master’s degree in Administrative Leadership, Angel teaches full-time for UW Milwaukee ... read more

Benefits and Learning Outcomes

  • Understanding of the basic principles of sound financial planning and management
  • Understanding of the relationship between financial management and program quality
  • Ability to develop fair salary policies and scales
  • Understanding of budget use and management including utilization factors, deviation analysis and functional cost analysis
  • Ability to develop a basic line-item budget
  • Ability to develop a monthly cash flow projection for one year
  • Understanding of breakeven concepts and applications and ability to develop a breakeven chart
  • Ability to balance the budget, including principles for cutting and revenue enhancement
  • Ability to compare budgeted expenditures to actual expenditures and to analyze differences
  • Ability to read and understand financial reports
  • Understanding of the cost of staff turnover
  • Understanding of basic customer orientation for marketing and cost of losing customers

Prerequisites

AC #1 or AC #2

Date: Jan 25-Mar 20, 2021

Delivery Method: Online

Platform: Canvas

Instructor: Angel Stoddard MS

Fee: $1,286 Graduate tuition is $2,252

Undergraduate Credits: 3.0, Graduate Credits: 3.0

Enrollment Limit: 15

Note: For credit registration contact Liz Weber at 414-227-3334 or eweber53@uwm.edu

Registration Deadline: Jan 11, 2021

Date: Jan 25-Mar 20, 2021

Delivery Method: Combined Online

Live Online

Date: 2 Sat. 1/30 and 2/06

Time: 9-11am CT

Platform: Zoom

Course-Paced Online

Available: Jan 25-Mar 20, 2021

Platform: Canvas

Instructor: Angel Stoddard MS

Fee: $1,286 Graduate tuition is $2,252 | Non-credit is $450

Undergraduate Credits: 3.0, Graduate Credits: 3.0

Enrollment Limit: 15

Note: For credit registration contact Liz Weber at 414-227-3334 or eweber53@uwm.edu

Registration Deadline: Jan 11, 2021

Date: June 14-Aug 14, 2021

Delivery Method: Online

Platform: Canvas

Instructor: Angel Stoddard MS

Fee: $1,286 Graduate tuition is $2,252

Undergraduate Credits: 3.0, Graduate Credits: 3.0

Enrollment Limit: 20

Note: For credit registration contact Liz Weber at 414-227-3334 or eweber53@uwm.edu

Registration Deadline: May 31, 2021

Registration opens Mon, Mar 15, 2021.

Date: June 14-Aug 14, 2021

Delivery Method: Combined Online

Live Online

Date: 3 Sat. 6/26, 7/17, and 7/31

Time: 8:30-10:30am CT

Platform: Zoom

Course-Paced Online

Available: June 14-Aug 14, 2021

Platform: Canvas

Instructor: Angel Stoddard MS

Fee: $1,286 Graduate tuition is $2,252 | Non-credit is $450

Undergraduate Credits: 3.0, Graduate Credits: 3.0

Enrollment Limit: 20

Note: For credit registration contact Liz Weber at 414-227-3334 or eweber53@uwm.edu

Registration Deadline: May 31, 2021

Registration opens Mon, Mar 15, 2021.
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