Your Nonprofit Budget, with Melanie Kirton

Your Nonprofit Budget

Melanie Kirton of Financial Affairs returns for episode 2 with the SnapCast, this time to talk about nonprofit budgeting. You might think you already know the ins-and outs of budgeting, and you might be wrong. We discuss:

  • The importance of doing an annual budget
  • Your budget document is not a stagnant document, it should be referenced often and reviewed monthly against financial statements
  • Be realistic about goals, revenue, expenses, staffing
  • Use as many details as you can to paint a clear picture
  • Get key staff members input and review with your board

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We welcome your questions and feedback via The Nonprofit Snapshot website.