Mother Budget
First Step for Nonprofit budgeting.
What is estimate expenses and income seperately?
What is every nonprofit?
The first step of a fundraising plan.
What is Set a Goal?
First details of Fundraising Strategy.
What is Acquisition, Retention, and upgrading the specific task needed?
The problem when there isn't enough money.
What are cash flow issues?
The second step in nonprofit budgeting.
What is Meet, Compare, & Negotiate?
The number of people that should be on a finance committee.
What is 4-5 people?
The second step in a Fundraising Plan.
What is spell out the details of each income strategy?
Second detail for Strategy.
What are Due dates for each task?
Nonprofit solution for deficit spending.
What is raise more funds, cut spending, or both?
Kleins advice when negotiating a budget.
What is Raise, Don't Cut?
The 3 columns a nonprofit finance committee should organize its projections in.
What is survival, reasonable, and maximum?
Third step in Fundraising Plan.
What is plot your plans for raising money from individuals?
Third detail for strategy.
Who is in charge of each task?
What a nonprofit does when there is embezzlement.
What is fire the person responsible for the embezzlement?
The type of mindset is needed for successful budgeting.
The test recommended by Klein when there are ethical issues regarding accepting money.
What is the vomit test?
Fourth step in Fundraising Plan.
What is decide on number of donors and match the to strategy?
Fourth detail for strategy.
What is how much the strategy will cost and how much it will raise?
What nonprofits do when there is a serious accounting error.
What is suspend the individual responsible?
The type of organizations most effected by the Abundance vs. Scarcity mindset.
What are smaller grassroots nonprofits?
What every financial committee should realize is important to sustaining through hard times.
What are reserves?
Fifth step in Fundraising Plan.
What is Put the plan onto a time line and fill out the tasks?
How Klein views money as opposed to "Dirty" or "Clean."
What is money is a tool?
The worst part of a nonprofit experiencing a serious accounting error, mistake, or embezzlement.
What is the decline in morale?