Budgeting During Pandemic, Sarah Olivieri, Part 3

The last of three conversations we had with Sarah Olivieri, Founder of PivotGround. This time we talk about budgeting–specifically about budgeting changes an organization may need to make as a result of pandemic. We discuss:

  • The budget tells a story. It tells you what’s going on and what the financial plan is.
  • Boosting the money generating activities. Do not cut money generating activities.
  • Examining the fraction of the overall budget that should be targeted for money generating activities.
  • If organizational failure seems imminent, what can that org do?
  • Sarah offers a budgeting template on her Pivot Ground website:

We welcome your questions and feedback via The Nonprofit Snapshot website or the Wellspring Nonprofit Resource website. The Nonprofit SnapCast records at Strongbox West, in Atlanta.