Once you have completed your annual budget process, these tools can help your team translate your newly minted operating budget into a detailed cash flow projection over the course of a fiscal year.
Understanding Your Finances
Do you understand the implications of your revenue and expense models on your cash flow? Are you prepared for potential challenges with best-practice solutions for cash flow management?
This article in Nonprofit Quarterly by BDO's Hilda Polanco and John Summers looks at how a variety of business models impact cash flow and addresses the “almost inevitable occasions” that inflows don’t match outflows.
Cash Flow Projections
“Basic” Cash Flow Projections Template
This simplified version of the cash flow projections template allows users to compare detailed revenue projections to high-level expense estimates on a monthly basis, identifying potential cash shortfalls up to 12 months in advance.
Next Steps: Operations
Explore the Toolkit by Topic
Plan, design and build your organization's operating budget to deliver on your mission effectively and sustainably
Forecast and monitor cash flow to ensure you have the money you need when you need it
Ensure your finance office operations run efficiently and effectively
Data and Analysis
Visualize and understand what your numbers mean
Prepare for your audit and maintain audit readiness throughout the year
Governance and Strategy
Employ big-picture thinking to connect your financial resources with mission goals