An annual budget is a planning tool that helps nonprofit organizations develop short-term financial plans to reflect and reach long-term financial goals related to the organization’s programs, mission and strategic plan. This course will provide basic steps in developing, implementing, and executing an effective budgeting process for your nonprofit organization. In this interactive and introductory-level class, you will learn:
• What a budget is and why budgeting is important to a nonprofit organization
• How to create an effective budget
• How to use your budget as a tool
Who should attend: Nonprofit Management Program participants, board members, Finance Committee members and nonprofit accounting or finance and program staff who assist in preparing financial statements for the CEO and the board.