Overview:
Budgeting is a foundational component of both non profit accounting and non profit governance. This course will explain what a non profit budget is and how, if at all, it differs from a budget created for a for-profit enterprise. It will also explore the features of effective budgets, identify budget components, explain budget review, and, finally, include a non profit budget template.
Objectives:Participants will learn to appreciate a non profit budget as a planning document used to predict expenses and allocate resources for an NPO. In addition, they will learn how to identify and quantify both the costs that an organization will incur, as well as the revenue it expects to receive over a set period of time.
Participants will learn the nine steps in preparing a budget, including how to:1. Identify goals.
2. Break down budget components.
3. Consider restrictions.4. Forecast revenue and expenses.5. Account for inflation.6. Plan for the unexpected.7. Create a calendar.
8. Draft the budget.
9. Implement the budget.
Presenter:
Isolde Benyo/ President and CEO
Acute Accounting Solutions
Treasurer: Non Profit Development Center of Southern New Jersey
609-744-2041 • isolde.benyo@acuteacct.com
Session is $45 per person. Each person must register to get the appropriate Zoom link.
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