{"id":5994,"date":"2021-04-13T15:00:49","date_gmt":"2021-04-13T15:00:49","guid":{"rendered":"https:\/\/www.b2bcfo.com\/rick-perrin\/?p=5994"},"modified":"2023-04-18T21:56:10","modified_gmt":"2023-04-18T21:56:10","slug":"nonprofits","status":"publish","type":"post","link":"https:\/\/www.b2bcfo.com\/rick-perrin\/budgeting-and-forecasting\/","title":{"rendered":"Budgeting and Forecasting for Nonprofits"},"content":{"rendered":"<p>As a CFO I always recommend that my clients have a rolling forecast.\u00a0 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 &#8220;what-if&#8221; analysis much easier. This information can help management make much better decisions to increase CASH, growth and profitability.<\/p>\n<p>Forecasting is just as, or more important for nonprofits.\u00a0 See this article to understand why:<\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/grant-budget-manager-white-paper-budgeting-small-rick\/\">Budgeting and Forecasting for Nonprofits<\/a><\/span><\/p>\n<p>Good luck with your forecasting and let me or one of my Partners know if you need help!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a CFO I always recommend that my clients have a rolling forecast.\u00a0 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 &#8220;what-if&#8221; analysis much easier. This information&hellip;<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","cybocfi_hide_featured_image":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-5994","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Budgeting and Forecasting for Nonprofits - Rick Perrin<\/title>\n<meta name=\"description\" content=\"This information can help management make much better decisions to increase CASH, growth and profitability.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.b2bcfo.com\/rick-perrin\/budgeting-and-forecasting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budgeting and Forecasting for Nonprofits - 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