Financial Planning for Nonprofits: Budgeting for Impact
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Financial Planning for Nonprofits: Budgeting for Impact
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We dig into what financial health actually looks like for nonprofits and small businesses. Pat breaks down her non-negotiable rule on revenue diversification and why no single funding source should exceed 25-30 percent of your budget. Will shares a story from a board meeting where one question from a retired accountant changed the entire financial conversation. Together we walk through real budgeting approaches - zero-based budgeting, scenario planning, rolling forecasts - and when each one makes sense.
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