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Live Webinar

90-minute live streaming program
  • January 14
  • 1:00 - 2:30 pm EST

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OnDemand Webinar
Audio & Reference Manual

Budgeting Basics for Nonprofits

January 14

Gain a better understanding of practical budgeting skills for nonprofit management.

Many nonprofits create budgets based on previous expenses or grant structures. Budgets are planning processes that create or determine policy for any organization. With some nonprofits who depend on their funding from typically one main source, nonprofits run financial risk when not using a budget process to plan for risk and market destabilization. This topic helps nonprofit managers understand budgets from a different process that allows the nonprofit to gain independence with diversified revenues, innovate ways to save on budgets, and above all else prioritize people and mission over spending and controls. The strategies presented in this material will help nonprofits build reserves and better plan for the future.

Learning Objectives

  • You will be able to define proportional budgeting.
  • You will be able to describe budgeting strategies to diversity revenues and save on expenses.
  • You will be able to discuss the importance of people over mathematics when creating budgets.
  • You will be able to explain how to monitor budgets monthly.

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Building the Basic Budget
  • Building Expenses
  • Building Revenues
  • Building Planned Savings (Reserves)
Budgeting Strategies
  • People Over Mathematics
  • Diversifying Revenues
  • Methods of Saving on Expenses
Proportional Budgeting Prioritizing Mission
  • Determine If Your Budget Is Properly Prioritized to Your Mission
  • Strategies to Align Your Budget to You Mission
Budget Monitoring
  • Revenue Trends
  • Expenses Trends
  • Grant Budgeting
  • Program Budgeting
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on November 9, 2017.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Live Webinar Registration

  • CPE 1.8 including Specialized Knowledge 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Specialized Knowledge for 1.8 hours. Prerequisite: basic knowledge of nonprofit governance issues. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Specialized Knowledge and Applications for 1.5 hours.
     

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Who should attend?

This live webinar is designed for accountants, executive directors, officers, board members, controllers, CFOs, tax managers and tax preparers.

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Brad Lebowsky

Brad Lebowsky

Hunger For Success

  • Principal consultant
  • More than 25 years nonprofit management including but not limited to budgeting, finance, grant writing, strategic planning, board training, retention of donors, employees and volunteers, and professional development
  • Conducts regular seminars and workshops throughout the West Coast. Living in the Portland, Oregon metro area
  • Wrote Downsizing: Alternatives for Companies; a resource for those affected
  • Blogs for Macís List: https://www.macslist.org/author/brad-lebowsky/
  • M.B.A. degree in nonprofit management specializing in finance and budgeting; Bachelorís degree in environmental and occupational health
  • Can be contacted at [email protected] or on his website: www.bradlebowsky.com
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Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 402050
Published 2017, 2019
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