Budgeting in a Nonprofit Organization
$79.00
Hours to Complete: 3
If you’re involved in a nonprofit organization, you likely know all too well the importance of budgeting. In this course, you will gain an understanding of the uses and functions of budgets and the relationship between strategic budgeting and tactical budgeting. You will also learn about the organization-wide budget and different budget systems. After introducing the basics of budgeting in a nonprofit, the course continues on to slightly more advanced budgeting topics such as capital budgets, cash flow budgets, and opportunity budgets. You will also learn how nonprofit organizations are using different budgeting techniques to handle operating challenges.
NOTE: You’ll receive instructions shortly on how to access your course. This can take up to 48 business hours.
What You’ll Learn:
- Analyze a nonprofit operating budget through variance analysis
Describe how a capital budget is used and created
Describe the different types of budgets used by a nonprofit organization
Explain how an operating budget is created
Explain the importance of a cash flow budget and describe how it is created
Explain the uses and functions of nonprofit budgeting
Recognize how the budget process can be managed for optimal results
Recognize the use of the organization-wide operating budget and program operating budgets
Benefits:
Instructor:
Rick Cramer, Subject Matter Expert
Bio:
Rick holds an M.A. in Social Science from Binghamton University. He also holds a Ph.D. in Educational Technology. Although his formal education is not specifically targeted on Business, he has extensive life experience working for a couple of Fortune 500 companies as well as owning his own businesses. He is currently a pastor at a growing, multi-site church where he has the opportunity to use his business expertise and his passion for discipleship. He teaches several college-level courses at Clarks Summit University. He manages the Nonprofit Management certificate offered by Clarks Summit University in partnership with MindEdge.
Time to Complete:
Learners will have 90 days from registration to complete the course. It is self-paced, with no need to be online at specific times.Location Information:
The login will be provided with instructions after registration.This microcourse is licensed for individual use only; course content cannot be recorded or shared with non-registrants.
This course includes an “Ask the Expert” feature. You can use this feature to submit questions about course content. A subject matter expert will provide guidance or point you to additional resources for the topics you’re studying. Questions are answered as quickly as possible and usually within 24 hours.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs.
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