Your organization's budget is more than a bunch of numbers. It is a planning tool that should reflect the organization's mission, strategic plan and programming. The Budgeting Checklist can set you up for smooth sailing through your budgeting process.
Steve Zimmerman , CPA, MBA, Principal, Spectrum Nonprofit Services, shares his insights about financial viability and financial literacy for nonprofits in this brief video.
NonprofitNext brings you sample documents that you can adapt and use right away. This Financial Statement Sample will give you a format that makes it easy for you to step right into the action of creating your financial statement.
Fiscal Responsibilities
Nonprofit sustainability is best achieved by the commitment of board and staff to strong financial management and planning. A strong understanding of things like budgeting and internal controls can make a huge difference in reducing risk and increasing capacity within an organization.