Not For Profit (NFP) Budgeting Basics

This course reviews budgeting considerations for Not for Profit (NFP) organizations with a focus on voluntary health and welfare nonprofits that generate contributions as their main revenue source.
 

Learners will understand the importance of the role of the board, upper management, and department managers in creating a budget that moves the mission of the organization forward and becomes a living document that drives decision-making throughout the fiscal year.

We discuss budget terminology as well as key issues managers should look out for in the budget creation process. Lastly, there is be a walkthrough of a sample budget spreadsheet template which is included as a resource to this course.