How to Prepare For Your First Nonprofit Budget

What You Need to Know Before Starting the Budget Process

Simply put - budgets are one of the most important parts of the nonprofit operation. Unfortunately, many new nonprofit leaders and founders do not understand the significance.

To put it into perspective, no government can operate without an approved and detailed budget in place. It will shut down until one is.

So why would nonprofits operate without an approved and detailed one?

This class is perfect for the new nonprofit leader or startup nonprofit founder with limited to no experience in developing a budget.

During the webinar we will focus on how nonprofit leaders should prepare for the budget process by:

- Identifying the core components
- Determining who should be on the team
- Creating an annual calendar for the development and monitoring process

Your Instructor

Kimberly O'Neil
Kimberly O'Neil
Kimberly O'Neil is an award-winning professor, executive leader, and social good expert. She was the youngest serving African American woman City Manager in the United States. As a veteran senior government and nonprofit executive, Kimberly has used her voice to impact policy decisions while lobbying in New York City and on Capitol Hill. She now works within the social sector and leads Giving Blueprint, a consulting company with a mission to impact social change through the development of strategic partnerships and growth plans within the social sector.

As a social entrepreneur, Kimberly recognizes the value that nonprofit startup organizations provide to communities, especially in historically discriminated communities. In January 2015, she launched Cause Studio, an incubator, and training initiative that is designed to reduce the number of failing nonprofit organizations in North Texas. Kimberly has been recognized as a 2017 Minority Business Leader Awards honoree by the Dallas Business Journal, a 2019 Humanitarian Visionary Award Honorable Mention by Juanita J Craft Civil Rights House and Museum, and 2020 Social Innovation Award honoree by United Way of Metropolitan Dallas. She previously served as Chair for the City of Plano Community Relations Commission.

In addition to being a sought-after thought leader, strategist, and speaker, Kimberly is a published author and professor who was honored as the 2017 Outstanding Associate Faculty of the Year for Collin College. She is currently an adjunct professor for the School of Professional Advancement at Tulane University where she facilitates graduate courses for the Master of Public Administration program. Finally, Kimberly is the founding director of Power in Action, a collective of Dallas leaders focused on advancing the Black community, a member of Delta Sigma Theta Sorority, Inc, and a founding member of the HERitage Giving Fund, the first Black giving circle in Texas.

Frequently Asked Questions

When does the course start and finish?
The course starts now and you will have access to it for 60 days.
How long do I have access to the course?
After enrolling, you have access to this course for 14 days - across any and all devices you own.

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