Nonprofit Budgeting in Leadership Mode: Optimizing the Moment

In this first of three sessions on nonprofit budgeting, seasoned nonprofit financial consultant Steve Zimmerman will reveal a simple framework of processes and concepts that do justice to the strategic opportunity that budget development affords us. In so doing he will ask you to challenge assumptions that make the process harder or less likely to succeed.
Among the questions we will consider together:
Why our financial time parameters lead us astray, and what to do about it?
When is a nonprofit dollar not worth a dollar?
How does your business model inform the formulas and metrics you may use when developing and reporting on the budget?
Should we ideally strive for a balanced budget?
How do we consider and identify the levels of financial uncertainty we are willing to live with in a group where staff and board members have very different risk appetites?
What to include when budgeting for capital health and how to reflect it?
Who should be included in the budget development and monitoring process and why?