by Suzanne Bakker | Apr 24, 2022 | budgeting, donor relations | Finance Management, Project Design
What if you are implementing your grant and realize that you have made a mistake in your budget? What if your project budget doesn’t include everything you need? Four reasons why your project budget may not work There are several reasons why your budget could be ‘all...
by Suzanne Bakker | Dec 12, 2021 | annual accounts report, budgeting, call for proposals, expenses, finance management, income, project design, year-end accounts report, year-end goals | Annual Reporting, Finance Management, Project Design
December is for many of us the final month not just of the calendar year but also of the book year, the fiscal year. If you work with finance in your nonprofit, you are focusing on being sure you have all the needed data for closing the book year. So how to go about...
by Suzanne Bakker | Dec 5, 2021 | annual accounts report, budgeting, building trust, call for proposals, expenses, finance management, forming partnerships, fundraising, human resource management, income, non-profit management, project design, team management, working with donors, year-end accounts report, year-end goals | Annual Reporting, Building Partnerships, Finance Management, Practical Labour Law & HR, Project Design
December for me is very much a loose-ends month. I look at my accounting, and clear up loose ends there. I look at my data, collect a few missing ones and run a few experiments. And I look at my goals for the year and figure out if I can still do something to get...
by Suzanne Bakker | Nov 28, 2021 | budgeting, call for proposals, expenses, finance management, human resource management, income, non-profit management, project design, team management | Finance Management, Practical Labour Law & HR, Project Design
Now that you have developed ways to have insight into your expenses, we can start looking ahead. It is good (great, even!) to have insight into what you spent, but remember, this is the past you’re looking at. And you also need to look at the future. What resources do...
by Suzanne Bakker | Nov 21, 2021 | budgeting, call for proposals, expenses, finance management, income, project design | Finance Management, Project Design
If you want to understand the real income from your fundraising actions, you must have insight into your expenses. So let’s have a look at the follow up question: how can you get insight into your expenses? How does an expense come about? It is very important to...
by Suzanne Bakker | Nov 14, 2021 | budgeting, call for proposals, expenses, finance management, income, project design | Finance Management, Project Design
Now that you have mapped your fundraising process and are making sure you monitor and learn from each step, it is time to look at the effectiveness of your fundraising work. How can you determine what is the real revenue of your fundraising actions? Revenue To be...
