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.
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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.
Learning Objectives
- You will be able to describe pros and cons of different nonprofit budgeting methods.
- You will be able to discuss the differences in using nonprofit specific financial software vs. standard spreadsheets (Excel, Google Sheets) for creating and tracking an organization’s budget.
- You will be able to explain how budgeting and program planning are related.
- You will be able to recognize the importance of accounting for the true costs of revenue activities.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
| Before the Budget Creation | |
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| Methods of Budgeting | |
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| Expenses | |
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| Revenues | |
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| Topic | |
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| Keeping Track | |
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
Live Webinar Registration
CPE 1.2 including Finance 1.2
- Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Finance for 1.2 hours. Prerequisite: basic knowledge of nonprofit governance issues. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
OnDemand Course
This course was last revised on January 14, 2019.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Who should attend?
This live webinar is designed for accountants, executive directors, officers, board members, controllers, CFOs, tax managers, and tax preparers.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Matt Hugg
Nonprofit Courses
- President of Nonprofit Courses, an online education and training platform with thousands of videos and podcasts from hundreds of content experts
- More than 30 years of fundraising and management experience, including positions with the Boy Scouts of America, Lebanon Valley College, University of Cincinnati, Ursinus College, and University of the Arts, in addition to dozens of consulting clients
- Has taught nonprofit management, fundraising, grant writing, marketing, leadership, and more in graduate programs worldwide, in Africa, Asia, Europe, and the United States for the University of Pennsylvania, Eastern University, Thomas Edison State University, and Juniata College; has also guest lectured at Drexel University, Villanova University, and Luiss Guido Carli (Rome); has provided private fundraising and nonprofit management instruction to Microsoft Philanthropic, Avanade, and RoundCorner (now a part of Salesforce)
- Author of two books and contributor to a third, including The ThinkNP Guide to Nonprofit Consulting: A Practical Workbook for Your Success: Your Step-by-Step Guide to a Successful Business Serving the Nonprofit Sector, Philander Family Values: Fun Scenarios For Practical Fundraising Education For Boards, Staff and Volunteers, and The Healthcare Nonprofit: Keys to Effective Management; in addition, he has written articles for several professional publications
- M.A. degree in philanthropy and development, St. Mary’s University of Minnesota; B.S. degree in natural history, Juniata College in Huntingdon, Pennsylvania
- Can be contacted at [email protected] or on LinkedIn https://www.linkedin.com/in/matthugg/
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