Developing a Nonprofit Budget

Description

ALL businesses, including nonprofit organizations, need a

comprehensive budget. As a best practice, nonprofits monitor their budgets all

year, but give strict attention to their budgets prior to their year-end - - which

makes November an opportune time to complete this vital task. This class is

appropriate for new nonprofit founders, board members, Executive Directors, and

administrators.

What you’ll learn:

• How to create a winning program budget

• How to forecast of income and expenditures

• How to adjust budgets when applying for funding

• Key budgets commonly used by nonprofit organizations.

• The three major financial statements and their purpose.

• The difference between direct and indirect costs.

• How the budget is organized and proper use of the budget.