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
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
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