Finance

This Finance Section provides important information about strengthening the organization’s finances. Materials offer nonprofit leaders a way to see how financial ratios can help ensure a stronger organization. And, there is information about cost cutting strategies.

Here is an overview of how finance should work in an organization.

  1. Develop a conservative annual budget.
  2. Create a plan for how the organization would cut 10% to 20% of the budget, in the event of a funding cut.
  3. Develop a short-term plan for expanding funding, especially from donors (see Fund Raising Section).
  4. Review financial information monthly, and check to see how income and expenses are against budget.
  5. Make interim adjustments quickly, to keep the budget on track.

Sub-Topics:

Cost Saving Tips

Finance Category:

Check Finance Category on right panel for posts, including:

Beating the Budget Cut Blues
State Budget Cuts and Priorities
Grant Critique

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