Ep. 216: Key Differences Between a Nonprofit's Program vs. Administrative Budget

Show Notes

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Key Differences Between a Nonprofit's Program vs. Administrative Budget —------------------------------------------------------ ✨💌 Visit www.grantwritingandfunding.com for the Hub Haven Grant Writing Resources 💌✨ 👉💰🖥️ Grant Writing Master Course: Get sample grants, logic models, videos, and more. Start to write winning grants! https://grantwritingandfunding.com/grant-writing-master-course/ 🖥️🔥 👉 Want to get paid to write grants? Join the Freelance Grant Writer Master Course to launch and grow a freelance grant writing business: https://grantwritingandfunding.com/freelance-grant-writer-course/ 🤗☕👉 Want to increase funding strategies for your Nonprofit? Join the Nonprofit Strategic Planning Master Course to schedule out your year and to increase diverse funding strategies: https://grantwritingandfunding.com/nonprofit-strategic-planning/ ———————————————————————————— What We Discuss In This Episode: ✨ Difference between a program and operations budget ✨ How to account for In-Kind in your Budget ✨ Recommended software for nonprofit accounting ✨ The importance of operating reserves for your nonprofit ✨ Yes, you can have profit in your account at the end of the year ✨ How to be fiscally transparent ✨ About the Lupus Foundation ✨ Damien’s journey to summit the 7 peaks to raise awareness for Lupus ✨ Why it can be good to outsource accounting ✨ How often to meet with your accountant Damien Scott, owner of My Summit CFO an accounting and tax practice based in Pennsylvania with clients across the United States. He is also the founder of a non-profit called The Seven Summits of Lupus, an organization devoted to spreading global awareness of Lupus and a nationwide program called The Lupus Warrior Outdoor Adventure Program. He is a financial professional and as a leader in a non-profit organization with an MBA in Accounting and over 23 years of experience assisting business owners in reaching their summit. Damien believes that all entrepreneurs need and deserve a competent guide in order to navigate the intricacies of this ever-changing business environment. Damien draws on his 23 years of experience, education and his mountaineering background in order to guide his clients to increased revenues and greater cash flow to elevate your business to new heights. When Damien is not assisting you in reaching new heights, he is traveling the world on a quest for the Mountaineers Grand Slam, to reach the highest peak on each of the 7 continents (also known as the 7 Summits) and a traverse of the North and South Poles. Find out more at: https://grantwritingandfunding.com/216 Favor, please? If you love this podcast, would you please do me a favor and leave a review on iTunes or your podcast listener?

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World-renowned grant writing expert and Amazon bestselling author Holly Rustick provides coaching that helps new and experienced grant writers replace their full-time income while writing grants part-time from home (or anywhere they want to live or travel in the world).

She coaches changemakers to master grant writing and start to grow 6-figure+ grant writing businesses on part-time hours via her signature group program, “Freelance Grant Writer Academy."

As an unapologetic feminist, Holly’s work in coaching female grant writers to master grant writing, find their cause-area niche, and navigate value-based pricing and nonprofit sales is breaking glass ceilings for women all over the world.

Every week, she coaches thousands of people through the top-ranking podcast, Grant Writing & Funding, books on grant writing, and inside the Freelance Grant Writer Academy.

Holly has 20 years of experience in grant writing, and began her freelance grant writing journey back in 2005. While teaching in Kuwait and Indonesia, and then earning a Master’s Degree in International Political Economy in Belgium, Holly saw the light of setting up a virtual-based business in grant writing back in the mid-2000s. Having secured more than $45 million of dollars for nonprofit organizations, and then setting up a multi 6-figure freelance business, Holly has a mission to help female grant writers break out of toxic nonprofit J-O-B-S and create high-level income while freelance grant writing.

Inside the Freelance Grant Writer Academy, students have secured more than $225+ million in grant funding and $4+ million in revenue in their grant writing businesses within two years.

To amplify this work, she is past-president of the Guam Women’s Chamber of Commerce and was appointed to the Guam Business Advisory Task Force as an advisor to the first female governor of Guam. Holly lives on the island of Guam with her beautiful daughter, Isabella.

If you are interested in replacing your full-time income while writing grants part-time from home (or from anywhere in the world!) join the Freelance Grant Writer Academy!

www.grantwritingandfunding.com.