Category: nonprofit-finances

Ask a Nonprofit Expert – How to Budget In Crisis

We’ve joined with a number of our nonprofit experts to bring you blog posts that will help answer some of your nonprofits toughest questions. In this post, nonprofit expert Cherian Koshy answers some questions that came from nonprofit professionals during his last live webinar with us “How to Budget In Crisis“. See Cherian’s answers below, and check out all of his webinars with CharityHowTo here. Question: One of our challenges is forecasting revenue when we are trying new ideas and there is pushback on committing to underlying assumptions.  Should we budget in a range, or just nail down a baseline scenario, etc…? If we don’t commit to any forecasting, we can’t make any decisions. Answer:...