Provides examples and a case study to help you turn budgeting into a positive planning process that can help your nonprofit achieve its strategic goals and increase accountability in the budgeting process.
Learning Objectives
Budgeting pitfalls;Budget planning and consensus-building strategies;Diversification of revenue streams;Grants management;Creating an operating reserve;Cash flow concerns
Major Topics
Recognize steps to build a realistic and controllable budget;Differentiate between various types of revenue sources available to NFPs;Determine the impact of revenues subject to donor-imposed restrictions on budgeting and cash flow;Recognize common issues that arise during the budgeting process;Determine ways to increase accountability in an NFP's budgeting process
