CNP study materials
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CNP study plan

CNP · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Nonprofit Leadership and Governance

  • Map the five exam domains against your current knowledge and rate your confidence in each governance subtopic on a 1–5 scale

  • Define the board's fiduciary duties (care, loyalty, obedience) and give one nonprofit scenario illustrating a breach of each

  • Distinguish governance from management by listing which decisions belong to the board and which belong to the executive director

  • Compare three board structures (officer-led, committee-heavy, policy governance) and note one strength and one risk of each

Your checkpoint

A one-page governance self-assessment with confidence ratings and three board-versus-staff decision examples

Week 2

Nonprofit Leadership and Governance & Ethics, Legal Compliance, and Community Engagement

  • Draft a board recruitment and orientation checklist covering skills matrix, term limits, and conflict-of-interest disclosure

  • Explain the difference between a conflict of interest and an appearance of conflict, and describe the recusal process step by step

  • Identify the core legal documents every nonprofit board should maintain and state why each matters

  • Summarize the whistleblower and document-retention policy elements expected under nonprofit accountability standards

Your checkpoint

A two-page board governance packet containing a skills matrix template, a conflict-of-interest disclosure form, and a recusal procedure

Week 3

Fundraising and Resource Development

  • Build a case-for-support outline that links mission, need, program evidence, and ask amount for one fictional program

  • Compare annual giving, major gifts, planned giving, and institutional grants on cost per dollar raised and time horizon

  • Design a donor cultivation cycle (identify, qualify, cultivate, solicit, steward) with one concrete action per stage

  • Calculate donor retention rate and average gift from a sample donor file and interpret what the results imply for strategy

Your checkpoint

A fundraising plan for a fictional nonprofit with a $250,000 annual goal, channel mix, and a donor-retention calculation

Week 4

Fundraising and Resource Development & Financial Management and Accountability

  • Draft a grant proposal budget narrative that ties every line item to a program activity and an outcome measure

  • Explain gift acceptance policy decisions for restricted gifts, in-kind donations, and gifts with unusual conditions

  • Reconcile a sample pledge schedule to projected cash receipts and flag timing risks

  • Describe the ethical boundaries around donor influence, quid pro quo gifts, and acknowledgment requirements

Your checkpoint

A grant budget narrative plus a gift acceptance policy summary covering restricted, in-kind, and conditional gifts

Week 5

Financial Management and Accountability

  • Read a sample statement of financial position and statement of activities and compute the current ratio, program expense ratio, and operating reserve in months

  • Distinguish unrestricted, temporarily restricted, and permanently restricted net assets and classify five sample transactions

  • Explain the purpose and limits of an independent audit, a financial review, and a compilation

  • Identify internal controls that prevent misappropriation in cash handling, purchasing, and payroll

Your checkpoint

A financial analysis memo on a sample nonprofit with three ratios computed, transaction classifications, and two internal-control recommendations

Week 6

Financial Management and Accountability & Program Planning, Evaluation, and Impact

  • Build a program budget that separates direct costs from allocated indirect costs and justify the allocation method

  • Draft a logic model (inputs, activities, outputs, outcomes, impact) for one program and test each link for plausibility

  • Select two outcome measures and define their data source, collection frequency, and target

  • Explain how variance analysis between budget and actuals should trigger a board-level conversation

Your checkpoint

A logic model plus a program budget with an indirect-cost allocation and a monthly budget-versus-actual variance template

Week 7

Program Planning, Evaluation, and Impact & Ethics, Legal Compliance, and Community Engagement

  • Design an evaluation plan that combines process and outcome measures and states how findings will be used

  • Write three survey or interview questions that avoid leading language and explain how you would pilot them

  • Summarize the reporting obligations tied to restricted grants and the consequences of failing to meet them

  • Describe how to communicate evaluation results honestly, including negative findings, to donors and the community

Your checkpoint

A two-page evaluation plan with measures, data-collection tools, a reporting timeline, and a results-communication approach

Week 8

Nonprofit Leadership and Governance & Fundraising and Resource Development & Financial Management and Accountability & Program Planning, Evaluation, and Impact & Ethics, Legal Compliance, and Community Engagement

  • Complete a timed 100-question mixed practice set and score each domain separately

  • Review every missed item and write a one-sentence rule or concept for each error

  • Re-rate confidence per domain and compare against your week-1 self-assessment

  • Build a final-week review sheet of the ten concepts you are least confident about

Your checkpoint

A scored practice-set report with domain breakdown, error log, and a ranked list of ten concepts for final review

Milestones

Week 2: You can explain board fiduciary duties and the conflict-of-interest recusal process without notes, and your governance packet is complete.

Week 4: You can build a case for support and a grant budget narrative from scratch, and you have scored at least 70% on a 25-question set covering Domains 1, 2, and 5.

Week 6: You can compute the three core financial ratios and classify restricted transactions correctly, and you have completed a logic model and program budget.

Week 8: You score at least 75% overall on the mixed practice set with no domain below 65%, and your final review sheet is complete.