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Audio & Reference Manual

Creating and Reading Budgets

Become knowledgeable with budgets and learn exactly how to create and read them.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 will help you understand budgets from broad categories like expenses and revenues to reading budget reports like Profit and Loss Statements and Balance Sheets. To understand budgets is important to understanding the policies and procedures of how an organization is run successfully.
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Over 33 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 33 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

Audio & Reference Manual

No credit available.

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Why Lorman?

Over 33 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

  • CEO, NEA, LLC (Nonprofit Engagement Advisors)
  • Over 25 years nonprofit and Fortune 250 management including but not limited to budgeting, finance, grant writing, strategic planning, board training, retention of donors, employees, volunteers, and professional development
  • Conducts regular seminars and workshops throughout the west coast; living in the Portland, Oregon metro area
  • Author of Downsizing: Alternatives for Companies; a resource for those affected
  • Podcast on iTunes, Spodify, and Podbean for Hunger For Success
  • B.A. degree in environmental and occupational health; M.B.A. degree in nonprofit management specializing in finance and budgeting
  • Can be contacted at [email protected] or www.4NEA.com
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Product ID: 407145
Published 2020
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