budget

New Budget Analysis Report

New Feature: Budget Analysis Report

Budgeting is vital to the success of a nonprofit organization. Considering the importance of budgeting, many groups find themselves in the situation that the fiscal year end is approaching and they would like to know where they stand financially. Comparing budget to actual numbers is helpful in the case that you may want to re-allocate…

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Is Nonprofit Budgeting Really Necessary?

  You are a small nonprofit organization, committed to an important cause.  Maybe you are completely run by volunteers and really; you could not be any busier.  So who wants to spend the time hashing out expenses, looking at cash flow and analyzing numbers?  Who has the time for budgeting when you’ve got work to…

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Managing Your Baseball Team’s Books

Are you great at keeping score at the game, but not so much when it comes to the team accounting? While there should be a healthy amount of fun involved managing a baseball team, keeping the books is serious business. National trends show that the cost of playing sports continues to increase, so it is…

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Nonprofit New Year’s Resolution: Get Your Ducks in a Row

2015. Can you believe Y2K was a whole 15 years ago? We may not be facing a millennium-based computer bug meltdown, but time of year is wrought with its own set of challenges. Holiday shopping, school breaks, vacations, and more social interaction than you’re used to. All of that can add up to a lot of stress.…

nonprofit budgeting

How to Create a Church Budget

When it comes to managing the financials of a religious institution, the key factors are organization and trust. Like any organization, it’s unwise to assume that everyone can always be trusted. Be highly organized and leave a traceable path for every move you make so that all of your financials can be accounted for. All…

Budget

Developing a NonProfit Budget

How does your organization decide where to spend its money? The decisions you make are a reflection of your collective values, habit and compromise. Developing a budget for your organization helps ensure that your spending is based on conscious intention. Monitoring it helps you stay on track to meet your goals and walk your talk.…