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According to the National Council ofNonprofits (2021) Nonprofits arebusiness entities that need to maintain financial health and stability inorder to achieve its mission, which is

According to the National Council ofNonprofits (2021) Nonprofits arebusiness entities that need to maintain financial health and stability inorder to achieve its mission, which is why budgets are so important tothese type of organizations.Budgets are guides that help a nonprofit planfor the future while assessing its current financial health and is a keycomponent of financial sustainability.Budgets also help nonprofits tounderstand the true cost of delivering programs and services in thecommunity, which is a critical component that managers must face

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