Budgeting and Finance for Nonprofits

What you’ll learn:

The operating budget is one of the most important documents a nonprofit can create and keep on hand. It’s the main tool for ensuring your community’s needs are met not only today but well into the future.

This Nonprofit Assistance Center and Wayfind Nonprofit Budgeting and Finances workshop is designed for anyone working in a nonprofit environment, or intending to form a nonprofit, and would like to familiarize themselves with the budgeting process and basic nonprofit financial concepts.

In this 2-hour workshop, we will highlight the importance of developing and managing a budget and certain best practices for ensuring your nonprofit remains financially healthy for your community.

Topics will include:

• An overview of the budgeting process,
• The type of budgets you may encounter,
• How to develop a program budget,
• How to properly use and manage restricted funds,
• Understanding and implementing basic financial controls,
• Avoiding conflicts of interest in business transactions, and
• Much more!

Presenters:        Y.M. Chan, CPA, MBA, FCCA, Nonprofit Assistance Center; and
Chris McCauley, CPA, Attorney, Wayfind

This training is part of our South King County Nonprofit Legal Training Series. It is sponsored by The Seattle Foundation, City of Kent, Pacific Continental Bank and is a partnership of Wayfind and the Nonprofit Assistance Center, for nonprofits that serve South King County.