Nonprofit Accounting Tools

At Propel Nonprofits, we know accurate and realistic budgets, cash flows, scenario plans, dashboards, and understanding your true program costs are critical to keeping an organization on track and to fueling its impact and effectiveness. Whether your organization has recently received its 501(c)(3) status or simply wants to develop another tool to help navigate these uncertain times, our expertise in developing these skills and understanding the unique needs of nonprofits will set your organization up for success.

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Reach out to our accounting & finance consultants today.

Darrell Beauford

John Skillings

Budgeting

Your budget is the financial path to your mission. It helps to inform your organization through critical decision-making and guides you toward your organizational priorities. We will walk you through Propel’s 10 Steps of Budgeting process and develop a strategy to make your annual budgeting process work for your organization year after year.

Cash Flows

Can I invest in equipment? Do we need a line of credit? Can we afford to expand our team? If you’ve asked yourself these questions, you might need to take a deep dive into your cash flow statements. Cash flow statements provide insight and answers to questions like these. Understanding the ebb and flow of your organization’s cash will help you to make smart management decisions that protect your core programs and overall sustainability. We will partner with you to translate your financial statements into a cash flow statement and teach you to understand how to use it.

Scenario Planning

Whether you’ve just lost a major funding source, the economy is heading toward recession, or you’re changing your program mix, scenario budget planning can proactively prepare you for the possible paths ahead. We will partner with you to determine your organization’s goals and consider different possibilities. We will help you develop your scenario summaries based on a range of possible outcomes and outline what steps you’ll need to take when the time comes for you to choose one of those outcomes.

True Program Costs

Knowing the real and full costs of delivering nonprofit programs is critical to moving an organization toward financial sustainability. When you know what it costs to deliver your programs you are better able to make decisions about fundraising, evaluate impact ROI, develop contract terms or pricing, and make the best use of unrestricted revenue. We will guide you through the process of defining your programs, understanding and selecting the right allocation methods for your organization, defining your direct and indirect costs, and allocating your administrative and fundraising costs.

June 24, 20269:00 am – 12:00 pm CT

Type:: Workshop
Location:: Online
Cost:: $95

July 21, 20269:00 am – 11:00 am CT

Type:: Workshop
Location:: Online
Cost:: $70

August 4, 202612:00 pm – 1:00 pm CT

Type:: Webinar
Location:: Online
Cost:: Free

Nonprofit Accounting Tools

Contact Us

Darrell Beauford

John Skillings