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Key Differences Between a Nonprofit's Program vs. Administrative Budget\n\n\u2014------------------------------------------------------\n\u2728\U0001f48c Visit www.grantwritingandfunding.com for the Hub Haven Grant Writing Resources \U0001f48c\u2728\n\n\U0001f449\U0001f4b0\U0001f5a5\ufe0f Grant Writing Master Course: Get sample grants, logic models, videos, and more. Start to write winning grants! https://grantwritingandfunding.com/grant-writing-master-course/\n\n\U0001f5a5\ufe0f\U0001f525 \U0001f449 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/ \n\n\U0001f917\u2615\U0001f449 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/ \n\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\n\nWhat We Discuss In This Episode:\n\u2728 Difference between a program and operations budget\n\u2728 How to account for In-Kind in your Budget\n\u2728 Recommended software for nonprofit accounting\n\u2728 The importance of operating reserves for your nonprofit\n\u2728 Yes, you can have profit in your account at the end of the year\n\u2728 How to be fiscally transparent\n\u2728 About the Lupus Foundation\n\u2728 Damien\u2019s journey to summit the 7 peaks to raise awareness for Lupus\n\u2728 Why it can be good to outsource accounting\n\u2728 How often to meet with your accountant\n\nDamien 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. \n\nDamien 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.\n\n\nFind out more at: https://grantwritingandfunding.com/216\n\nFavor, please?\nIf you love this podcast, would you please do me a favor and leave a review on iTunes or your podcast listener?