Press Release

ONLINE BUDGETING COURSE HELPS NONPROFITS WITH FINANCIAL PLANNING

Nonprofit Financial Management Course Reaches over 600 Enrollments

Carrboro, NC, and San Francisco, CA (May 18, 2004) - CompassPoint Nonprofit Services, a nonprofit training, consulting, and research organization, and Isoph, a leading provider of learning and communications software and services for mission-driven organizations, today announced that Budgeting for Programs and Proposals, one of the first and most popular online courses developed specifically for nonprofit organizations, recently enrolled its 600th learner.

Developed as part of a partnership between Isoph and CompassPoint Nonprofit Services, the interactive Web-based course teaches participants how to create winning budgets for grant proposals. The course covers such topics as strategic cost allocation and budget justification, in addition to basic program budgeting concepts for nonprofit organizations.

"There is a real need for Budgeting for Programs and Proposals because it is tremendously difficult to get nonprofit staff persons the training they need," said Nelson Layag, director of technology at CompassPoint. "People are incredibly busy, turnover is high, and yet almost every staff member plays some role in program budgeting. It is a crucial skill for nonprofit organizations."

Budgeting for Programs and Proposals is available directly from CompassPoint Nonprofit Services and also as a component of Isoph's Nonprofit Management Course Library. The course offers an affordable, accessible learning experience in a flexible, user-friendly format. To learn more and register, visit the CompassPoint learning portal at http://blue.isoph.com/compasspoint.

Organizations wishing to offer the budgeting course as a component of a larger e-learning program can integrate the course into their learning management system or offer the course as a component of a customized Isoph Blue learning portal. To learn more, contact Isoph at info@isoph.com.

About CompassPoint Nonprofit Services

CompassPoint Nonprofit Services (www.compasspoint.org) is a nonprofit training, consulting, and research organization with offices in San Francisco and Silicon Valley. Through a broad range of services, the organization provides nonprofits with the management tools, concepts, and strategies necessary to shape change in their communities.

About Isoph Corporation

At Isoph, we know learning. Our innovative technology, Isoph Blue, enables the creation of Web communities driven by learning. Our expertise in instructional and graphic design, application development, and data integration helps mission-driven organizations achieve their fundamental goals. For more information, please call 866.969.9260, or visit www.isoph.com for product and company details.

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