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Course Description

If you're involved in a nonprofit organization, you likely know all too well the importance of budgeting. In this course, you will gain an understanding of the uses and functions of budgets and the relationship between strategic budgeting and tactical budgeting. You will also learn about the organization-wide budget and different budget systems. After introducing the basics of budgeting in a nonprofit, the course continues on to slightly more advanced budgeting topics such as capital budgets, cash flow budgets, and opportunity budgets. You will also learn how nonprofit organizations are using different budgeting techniques to handle operating challenges.

Learner Outcomes

After completing this course, you'll be able to:

  • Explain the uses and functions of nonprofit budgeting
  • Describe the different types of budgets used by a nonprofit organization
  • Recognize the use of the organization-wide operating budget and program operating budgets
  • Explain how an operating budget is created
  • Analyze a nonprofit operating budget through variance analysis
  • Describe how a capital budget is used and created
  • Explain the importance of a cash flow budget and describe how it is created
  • Recognize how the budget process can be managed for optimal results

Upon completion of the course, learners may be eligible for:

  • IACET CEUs: 0.3 (Contact Hours: 3 hours)
  • HRCI Credits: 3 (Type: Specified - Strategic Business)
  • SHRM PDCs: 3
  • CFRE Points: 3

Please Note:

Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs.

Notes

This course is offered through our curriculum partner, MindEdge, Inc. MindEdge was founded in 1998 by Harvard and MIT educators with a mission to improve the way the world learns. Since then, more than three million learners have participated in MindEdge programs.

Registered students will receive individualized communication with further instructions to help you prepare for class.

Click here for more details about on-demand online courses.

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Enroll Now - Select a Section
Section Title
Budgeting in a Nonprofit Organization
Type
self-paced
Dates
Start Now, you have 90 days to complete this course once enrolled.
Delivery Options
Course Fee(s)
Registration Fee non-credit $119.00
Section Notes
The number of content hours for this course is 3 hours.
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