How to create your new nonprofit’s first budget

When your nonprofit is new, a budget is a critical tool to help you manage both your organization and your finances as it grows. A budget combined with a fundraising plan can help you make sure there’s always money to pay for the things you need to operate your programs. Without a budget, you

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The Small Nonprofit’s Guide to Budgeting

Budgets. Ugh.   Not everyone’s favorite topic.   Yet a budget is a critical tool in managing your nonprofit.   And way too many small nonprofits operate without one.   A nonprofit budget can bring so many positives: Finances are much easier to manage because you know what expenses and revenue to expect. Success is

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It’s Budget Season. Are You Accounting for the Right Things?

By Jay Wilkinson, Firespring CEO   The Overhead Myth: The idea that you can reasonably evaluate a nonprofit’s performance and trustworthiness by only looking at how much they spend (or don’t spend) on overhead, including operating costs, administrative expenses and technology costs. No doubt you’ve heard about this, and like many good nonprofit leaders, have30

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