The Foraker Group

Nonprofit Finance

Budgeting for Nonprofits

Partner: $25.00 / General: $50.00

Do you think your organization is either too complex or too simple to create a usable budget?  Do you wonder what the budget process should entail? Regardless of the size of your organization, creating a budget is an essential step in meeting your goals and accomplishing your mission. Budgeting is a process of targeting available resources and measuring performance against your strategic plan. A properly prepared budget allows an organization to react in real time to the internal and external environment and to ensure continued success. In this course you will learn:

• How all aspects of sustainability play a role in budget planning
• How to use your budget to measure success and make adjustments when you get off track
• How roles differ between board and staff in budget creation, implementation and evaluation
• How to gather key tools for creating your operating budget

When you have completed this class, you will better understand the budget process and have the tools you need to create and improve your organization's budget.