Budgeting and Forecasting for Nonprofits
Posted on April 13, 2021 by Rick Perrin
As a CFO I always recommend that my clients have a rolling forecast. While it takes some time each month or quarter to update the forecast, it provides the organization with a picture of what its future financial position could look like under various conditions and scenarios, and makes “what-if” analysis much easier. This information can help management make much better decisions to increase CASH, growth and profitability.
Forecasting is just as, or more important for nonprofits. See this article to understand why:
Budgeting and Forecasting for Nonprofits
Good luck with your forecasting and let me or one of my Partners know if you need help!
