Budgeting Basics for Nonprofits (OnDemand Webinar)

$149.00

SKU: 411481EAU

Description

Gain a better understanding of practical budgeting skills for nonprofit management and learn how to make your nonprofit’s programs thrive.People don’t come to nonprofits to do accounting. Whether as staff or volunteers, people running or serving on a nonprofit are mission focused. It’s no wonder that even the bedrock of a nonprofit’s financial health, the budget, is at best, avoided, and often an afterthought in nonprofit’s planning regimen. . Budget Basics for Nonprofits aims to take the fear and reluctance out of the budgeting. It will deliver a solid overview of the process and provide helpful tools to get the learner started on creating a budget for their nonprofit or program within their nonprofit. Important concepts covered in this presentation include how budgets arise from a nonprofit’s mission, the pros and cons of the types of budgeting methods, budgeting for revenue generation, emotional aspects of budgeting, benchmarks for spending and fundraising, and more. This program is for anyone who cares about how to make their nonprofit’s programs thrive.

Date: 2024-09-25 Start Time: End Time:

Learning Objectives

Before the Budget Creation
• Money vs. Budget
• Budgets and Mission
• Budgets and Planning
• Budgets and Power

Methods of Budgeting
• The Budgeting Process
• Incremental Budgeting
• Activity-Based Budgeting
• Value Proposition Budgeting
• Zero-Based Budgeting

Expenses
• Infrastructure (Overhead)
• Program Expenses
• Non-Traditional Workers
• Equipment

Revenues
• Operating Revenues
• Fundraising Benchmarks
• Gifts-In-Kind
• Memberships, Sponsorships and Deliverables

Topic
• Operating Reserves
• Endowments and Quasi-Endowments
• Restricted Funds
• Grants

Keeping Track
• Budget Monitoring
• Dashboards
• Using Software for Nonprofit Budgeting

Matt Hugg-Nonprofit Courses