Nonprofit Accounting Basics

Budgeting and Strategic Planning

Budgeting and Financial Planning

Effective financial management is an ongoing process that features a cycle of good management habits.

Budgeting for Capital

An organization's financial plans should include budgets for operations and for capital.  Together these comprise what I refer to as an Organizational Budget.

Capital Budgets Play an Important Role in Nonprofit Planning

Annual operating budgets for nonprofit organizations will always be center stage, drawing the attention of senior management, Board, and staff.

How Can I Explain the Bottom-Line Budget Impact of Multi-Year Grants?

Question: I am the Executive Director of a nonprofit organization that was recently awarded a 3-year grant. We recorded the grant in full last year.

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