How to Create a Brave and Nimble Budget for Your Nonprofit

Описание: Justine Townsend, CPA at Your Part-Time Controller, walks us through the essentials of building a brave, flexible, and realistic nonprofit budget. She explains why detailed budgeting is critical—not just for planning but for adapting to change—and how documenting assumptions and contingencies can help your nonprofit pivot when needed.

Topics covered include the importance of forecasting vs. revising budgets, how to communicate financial plans with narrative clarity, and why monthly tracking with seasonal awareness leads to better decision-making. From managing canceled galas to preparing for ARPA funds or revenue shifts, Justine offers practical, mission-focused advice for 2022 and beyond.

🎯 Whether you're a board member, executive, or development pro, these strategies will help you approach budgeting with confidence and clarity.

00:00:00 Welcome and Guest Introduction
00:03:09 Why Every Nonprofit Needs a Detailed Budget
00:04:52 Budgeting as a Reality Check and Mission Tool
00:06:13 Building Flexibility into Your Budget
00:08:42 Planning for Contingencies and Stretch Goals
00:12:18 Reforecasting vs. Revising Your Budget
00:14:34 Turning Numbers Into a Narrative
00:17:44 Budget Tracking: Monthly, Seasonal, and Meaningful
00:20:34 Budget Shifts from Cancelled Fundraising Events
00:23:09 Sustainability Planning for Increased Revenue
00:25:03 Government Funding and Future Planning
00:27:30 Contingency Plans as a Best Practice
00:29:17 Final Thoughts and Takeaways



#NonprofitFinance #BudgetPlanning #TheNonprofitShow