Prepare for the unexpected with our budget planning guide
Navigating the unpredictable is part of every nonprofit board’s journey. That’s why “Expecting the unexpected: A nonprofit’s guide to planning for non-budget items” is an indispensable resource for your organization. This guide equips your board with the tools and knowledge to effectively manage unforeseen expenses and maintain financial stability. In this guide you’ll learn how to:
- Conduct thorough risk assessments to foresee both internal and external financial surprises.
- Create robust frameworks to allocate funds for unexpected costs, ensuring you’re always prepared.
- Adapt your budgeting practices to accommodate sudden expenses with flexible budgeting strategies.
- Get your board involved with the right tools and insights, making strategic decisions smoother and more informed.
- Effectively use unrestricted funds to cover non-budget items, with comprehensive policies on management and reporting.
Download our guide today and transform how your nonprofit anticipates and handles unexpected expenses. Ensure your organization’s resilience and financial health now and in the future.
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Joyce Miller Evans
Vice President, Chief Information Officer, Ohio Presbyterian Retirement Services