Not for Profit Budgeting
for
SUSTAINABILITY and
CASH FLOW PLANNING

The Not-for-Profit Budgeting for Sustainability & Cash Flow Planning certificate program presents a step-by-step method for creating and using your organization's annual budget. Budgeting tactics include, engaging your board colleagues in an inclusive process, analyzing and using existing grant and contract budgets, planning for restricted funds, budgeting for new programs or activities, planning for shared and administrative costs, developing cash flow projections, preparing budgets for your board’s approval, ongoing analysis and correction, and measuring key ratios related to your organization’s cash flow.

This certificate program is for nonprofit leaders, board members and staff. The goal is to be prepared to be a full participant in your organization’s annual budget process. Cross-functional expertise, from the current budget manager to board members will benefit from this course.

Attend this course to learn:

  • What are your organization’s existing foundation grant and government contract budgets, and how do they establish a starting point
  • How your organization’s strategic plan and goals are incorporated into the mission
  • How to identify imbalances in the budget, and how to escalate them for mitigation
  • What do we do when we miss budget
  • What are ways to measure the effectiveness of your cash flow projection and how to respond to variances

Duration
This is an on-campus program.

4 days. 10 Hours.
Full price: $696

To register:
1- Download the registration form and mail it, or
2- Register
here online

Program Overview

Session One
Strategic plan alignment, and board/management approved organizational goals for the budget year
Board and management aligned budget and planning calendar
Forecast prior year results: earned and contributed income, direct, indirect and overhead spending
Staffing roster by position, with current open positions
Plans for new programs, cost increases and other new items
What format can be used?

Session Two
The Development budget: earned and contributed income
What expenses are required to meet funders’ requirements (restricted funding and government contracts)?
Ensure that cost increases are funded by development’s fundraising goals
How to roll up the budget and identify gaps
Prioritize the gaps and mitigation decisions

Session Three
Finalizing the budget, and planning for approval
Prepare for monitoring the budget once implemented
Cash flow projections
Work through a brief budget exercise

Session Four
Complete the budget exercise
Prepare for your board’s approval
Review key cash/working capital ratios
Monitoring and updating the cash flow projection
Decisions that can affect the cash flow
Wrapping it up

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