The Budget-Building Book for Nonprofits A

This best-selling nuts-and-bolts workbook, now in its second edition, has become the gold standard for nonprofit managers and boards who must work through the budget cycle. The book offers practical tools and guidance for completing each step of the budgeting process. Designed to be comprehensive and easy to use, The Budget-Building Book for Nonprofits provides everything budgeters and nonfinancial managers need to prepare, approve, and implement their own budgets. Includes new chapters on Zero-Based and Capital Budgeting as well as a CD with spreadsheets, worksheets and a new budget-building software that will help make budget building easier!

Murray Dropkin is president of CMS Systems, Inc., a consulting firm that specializes in improving the financial operations of nonprofit and for-profit organizations. He is the coauthor of Bookkeeping for Nonprofits and The Cash Flow Management Book for Nonprofits.

Jim Halpin has written articles for technical publications and has developed accounting software and other applications for clients in a wide variety of industries. He is the coauthor of Bookkeeping for Nonprofits and the coauthor, with Dropkin, of the newsletter Nonprofit Report.

Bill La Touche used his writing, planning, training and organizing skills to help a wide range of individuals, groups, and organizations get what they want from complex business, governmental, and nonprofit entities.

Preface
Acknowledgments to the First Edition
Acknowledgments to the Second Edition
The Authors
Introduction: How to Use This Book
UNDERSTANDING BUDGETING BASICS
Why Budgets and Budgeting Are Important to Nonprofits
The Importance of Budgets and Budgeting
The Basic Characteristics of Budgeting
Understanding Basic Types of Nonprofit Budgets: Overview
Organization-Wide Operating Budgets
Operating Budgets for Individual Programs, Units, or Activities
Capital Budgets
Cash Flow Budgets (Cash Flow Forecasts)
Opportunity Budgets
Zero-Based Budgets
Key Board and Staff Roles and Responsibilities in Nonprofit Budgeting
The Board's Role
The Executive Director's, President's, or CEO's Role
The Chief Financial Officer's Role
Program, Unit, or Activity Manager's Role
Department Manager's Role
Other Possible Participants
Establishing Budget Guidelines, Priorities, and Goals
Establishing Guidelines
Identifying Priorities
Setting Organization-Wide Goals
Setting Individual Program and Unit Goals
How Different Sources and Types of Income Can Affect Budgeting
Unrestricted Funds
Contract or Grant Agreement Funds
Restricted Contributions
Income from Trade or Business Activities
Asset-Generated Income
Cash and Noncash Contributions, Including Pledges
Funds Requiring a Cash or In-Kind Match
Strategies for Developing Organization-Wide Operating Budgets
Strategy 1: Set Annual Organization Outcome Goals from the Top Down
Strategy 2: Set Annual Income and Expense Targets from the Top Down
Strategy 3: Request Draft Budgets That Show Priorities from Program or Unit Heads
Strategy 4: Use Zero-Based Budgeting
Possible Problems with ZBB
Benefits of ZBB
STEP-BY-STEP BUDGETING GUIDELINES
Start with the Budget-Building Checklist
Designing Your Budgeting Policies and Procedures
Basic Budgeting Policies and Procedures
Basic Income Projection Policies and Procedures
Basic Expense Projection Policies and Procedures
Basic Cash Flow Projection Policies and Procedures
Policies Establishing the Fiscal Year
Other Needed Policies and Procedures
Checklist for Information to Include in Written Policies
Final Review and Integration
Creating Your Budgeting Calendar
Five Steps for Developing the Budgeting Calendar
Instructions for Creating an Annual Budgeting Calendar
Orienting Program and Department Managers and Staff to Budgeting
Budget Team Meeting
Practical Considerations When Planning Budget Team Meetings
Contents of the Annual Budget Preparation Package
Developing Organization-Wide Operating Budgets
Five Steps to Prepare for the Annual Budgeting Process
Five Steps to Create Annual Budgets
Developing Operating Budgets for Individual Programs, Units, or Activities
Planning for Program or Unit Budget Development
Basic Steps in Creating a Program or Unit Budget
Setting Two Kinds of Program or Unit Goals
Preparing a Program or Unit Workplan
Identifying the People and Things Needed to Implement a Workplan
Identifying Personnel Costs
Identifying 'Other Than Personnel' Cost Categories
Identifying Specific Line-Item Costs
Providing Budget Justification or Cost Documentation
Matching and In-Kind Contributions

Table of Contents provided by Publisher. All Rights Reserved.

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

FREE SHIPPING

Rent More, Save More! Use code: BBRENTAL

5% off 1 book, 7% off 2 books, 10% off 3+ books

The Budget-Building Book for Nonprofits A Step-by-Step Guide for Managers and Boards

Summary

Author Biography

Table of Contents

Supplemental Materials