How to Craft a Projected Budget for a Prosperous Year
In the four previous blog posts, we’ve highlighted end-of-year tasks that every nonprofit should be doing or at least thinking about to prepare for the upcoming year. Now, as the year comes to a close, we want to emphasize the importance of creating a projected budget — a financial roadmap showing how you will finish the fiscal year or what you anticipate for the year ahead, with a clear overview of expected revenue and expenses. …