LarsonAllen: Nonprofit and Government

Budgeting Your Way to Financial Stability

Description
The budget is the nonprofit industry’s most commonly prepared and widely accepted financial instrument. Yet few nonprofits use the budget to its fullest advantage.

Today’s reality calls for a more considered approach to budgeting. As funds get tighter and competition stiffer, savvy nonprofits need solid financial know-how to adjust to market realities and ensure program sustainability.

Budgeting Your Way to Financial Stability provides nonprofit managers and board members the tools they need to understand and strengthen their budgeting practices. This hands-on workbook will show you:

How to approach budgeting
What type of budget will work best for your organization
How to adopt an income-based approach to budgeting
How to better understand and fund your indirect costs
How to segregate program costs from one another
How to use the budget to set pricing and develop unit costs
How to use the budget to establish cash reserves

Based on the popular training seminar “Budgeting for Results,” this practical guide is written especially for small and mid-size nonprofits. Numerous examples and timesaving worksheets are included throughout the text, in addition to a companion CD.

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“Combines philosophical insights about the role of money in nonprofits with no-nonsense, hands-on practical exercises.Help is finally here for those brave (and smart) enough to listen!”
Maribel Alvarez Founder and former Executive Director San Jose Center for Latino Arts

“This book was so user-friendly and right for the intended audience…It will help many nonprofits.”
Theresa Carr Executive Director American Indian Business Development Center

“This is an excellent book on the mechanics of preparing a budget…well-written and readily understandable. There need to be more resource materials for small to mid-sized organizations. You’re on the right track!”
Susan H. Hagen CPA St. Louis Black Repertory Company

“I have been attending nonprofit financial management and budgeting workshops for years and always end up in ‘Accounting 101.’ This book gave me all the answers I’ve been looking for for years.”
Jill Hewitt Executive Director McLeod Treatment Programs