Budgeting for Change
Kate Barr from Propel Nonprofits adapts the budgeting process for nonprofits in the process of transformation — which, in our uncertain times, is really all of them.
I offered one small corner of the room for anyone who wasn’t seeing any changes at their organization. Needless to say, that corner stayed empty. The kinds of changes shared by the groups ranged from external — different demands for services, changes in community, funding landscape, and policy changes — to internal (strategic direction, leadership, financial condition, and staff capacity). This list matches what we’ve been seeing and hearing from nonprofits of all sizes and types for at least a year or two. With so much uncertainty and change, budgeting and planning is more complicated, isn’t it?