Description
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.
- Qualifies for 2 Yellow Book CPE Credits
Objectives
- Budgeting pitfalls
- Budget planning and consensus-building strategies
- Diversification of revenue streams
- Grants management
- Creating an operating reserve
- Cash flow concerns
Highlights
- 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