Key Differences Between a Nonprofit's Program vs. Administrative Budget episode artwork

EPISODE · Apr 26, 2022 · 48 MIN

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

from Grant Writing & Funding · host Holly Rustick

Budgets can be unnerving for nonprofit organizations. Understanding what all goes into a budget can seem simple until you start adding into your budget:Programs, Operating expenses,Indirect costs, In-kind Donations, and IncomeAt this point, your nonprofit may want to consider hiring an accountant or having some training.It’s a good thing that Damien Scott of My Summit CFO comes on the podcast show to give you specific nonprofit budget tips!About Damien ScottDamien 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.Links:Website: The Seven Summit of LupusMeet The TeamBook a time with DamienEmail DamienFacebookTwitterOTHER RESOURCES:Weekly Newsletter: “Write Grants. Get Paid” - Get thought leadership on grant and freelance grant writing strategies every week in your inbox.  https://grantwritingandfunding.com/Freelance Grant Writer Academy: Replace your Full-Time Income Writing Grants Part-Time from Home. https://grantwritingandfunding.com/freelance-grant-writer-academy/Grant Professional Mentorship: Double your Monthly Revenue with an Income Stream Outside of Grant Writing. https://grantwritingandfunding.com/mentorship RATE, REVIEW, & FOLLOW THE PODCASTFavor, please? If you love this podcast, would you please do me a favor and leave a review on iTunes or your podcast listener?This helps others find the podcast and I read each and every review!“Every time I listen to Holly’s show, I learn something” <– If that sounds like you, please consider rating and reviewing my show!Also, if you haven’t done so already, follow the Grant Writing & Funding podcast to get grant and freelance grant writing proven strategies and conversations in your podcast player every single week.Thanks for listening!Warmly,Holly RustickLeading the $1 Billion for Good Movement: By 2030, aspiring and seasoned grant writers inside the Freelance Grant Writer Academy & Grant Professional Mentorship will 1) WIN $1 Billion in Grants, and 2) MAKE $30 Million in their Grant Writing Businesses. We are on our way already.

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

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