Financial Forecasting & Budget
This module focuses on developing financial forecasts, aligning budgets with revenue goals, and ensuring sustainable financial planning to support growth and mission success.
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DATE
August 28, 2026
TIME
12:00 pm - 1:30 pm ET
VENUE
PRESENTERS
Managing Director at Envoy
Salomon Moreno-Rosa
Salomon is a Managing Director at Envoy. He uses his background and expertise in nonprofit administration and policy development to inform inclusive hiring, philanthropy, and strategic planning engagements that help drive organizational goals and advance local outcomes.
Alejandra Piers-Torres
Manager at Envoy
Alejandra is a Manager of Strategy & Philanthropy at Envoy. She brings experience in local government, public/private partnerships, and program development to support social impact initiatives. Alejandra holds a BA in International Relations and Hispanic Studies from Brown University.
Matt Joyce
Partner at Envoy
As a partner at Envoy, Matt has led a diverse range of engagements, spanning organizational design, growth planning, and launching new initiatives. Matt has also led inclusive hiring engagements with large companies and industry associations, designed to expand Fair Chance employment practices. Matt previously held leadership roles with the GreenLight Fund and Center for Employment Opportunities. Matt holds a BA from Haverford College and an MPP from the Harvard Kennedy School.
Rothschild Toussaint
Associate at Envoy
Rothschild is an Associate in the Strategy & Philanthropy sector at Envoy. He brings experience in economic development, affordable housing, research, and policy analysis. He employs a mixed methods research and data-driven approach to tackling social challenges. He holds a BA in Economic Geography from Dartmouth College.
Session Agenda
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​ Welcome & Icebreaker
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Overview of Last Session
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Module 7: Financial Forecasting
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Closing and Next Steps
Financial Forecasting
Program Design and Management​
This toolkit is a comprehensive guide developed by the U.S. State Department to help bureaus, offices, and posts design, implement, and assess programs aligned with strategic goals. It walks users through key stages: aligning programs with strategies, conducting situational analyses, designing programs (including logic models and theories of change), managing performance through monitoring and evaluation, and applying lessons learned. The toolkit includes templates, checklists, and two detailed case examples to demonstrate application, supporting effective planning, tracking, and communication of program outcomes.
This tool provides guidance for nonprofit organizations to evaluate how well their financial planning and operations integrate equity principles. It is divided into three key categories: Financial Planning & Monitoring, Fiscal Staffing, and Financial Operations. Each section contains specific statements to rate as Beginning, Intermediate, or Established, prompting organizations to reflect on practices like inclusive budgeting, equitable compensation, transparent hiring, and vendor diversity. The tool encourages cross-team discussion and continuous improvement toward embedding diversity, equity, and inclusion in financial decision-making.
This doc outlines how financial practices within nonprofit organizations can either reinforce or reduce inequities. It presents five key areas for embedding equity into finance operations: annual budgeting process, pay equity, financial policies and procedures, vendor selection, and sources of revenue. Each section includes reflective questions and actionable practices to ensure decisions around resource allocation align with organizational values and equity goals.
This sheet provides a calendar of fiscal management activities that most nonprofit organizations will need to carry out over the course of a year. The calendar includes four major areas of finance office activity: internal reporting, external reporting, the audit process, and the budget development process.
This guide from provides a structured, four-step process to help organizations navigate uncertainty and maintain mission continuity. It helps identify key drivers of impact and risk, model best/moderate/worst-case scenarios, create financially quantified action plans, and define measurable trigger points for timely decision-making. The toolkit emphasizes flexibility, alignment with values, and continuous iteration to support strategic responsiveness.
Budgeting
This scenario budget sheet provides understanding on how to analyze an organization’s financial health and operating budget while taking to account earned and contributed revenue, expenses, and reforecast (revising and updating a financial forecast or budget based on new information or changes in circumstances).
Organizational Development
This Guide is a comprehensive self-assessment toolkit designed to help orgs evaluate their strengths and gaps across 13 key capabilities such as strategic clarity, governance, leadership, finance, human resources, fundraising, and monitoring & evaluation. Each capability includes sub-capabilities with level-based performance ratings (Levels 1–4), enabling teams to assess their current state and prioritize improvements. The tool incorporates a DEI (Diversity, Equity, Inclusion) lens throughout, and supports executive directors, staff, and board members in creating a customized development plan. It serves as a recurring resource to guide capacity-building and strategic planning as organizations grow and evolve.
Case Studies
The document details how a nonprofit recovered from a major financial and governance crisis. After the retirement of a hands-off CEO, a new leader collaborated with funders and implemented immediate transparency, staff cuts, and governance reforms. The board transformed from passive to engaged, taking on financial oversight, fundraising, and strategic planning. The document includes two tools: a Recession Risk and Preparedness Assessment and a Checklist for Evaluating Internal Controls, both designed to help nonprofits assess financial health, leadership engagement, and internal accountability systems.
The document details how City Harvest, New York City's largest nonprofit food rescue organization, partnered with Corporate Renaissance Group (CRGroup) to enhance its financial planning and reporting capabilities. The organization faced challenges managing numerous projects and daily transactions using spreadsheets, which proved inefficient for effective financial management. To address these challenges, City Harvest implemented the Board platform, resulting in significant improvements such as enhanced financial planning, streamlined data integration, time efficiency, and accelerated program reports.
Budget Projection
These worksheets provides understanding on how to build an organization’s budget according to its spending on programs and functions. The instructions below explain, step-by-step, how to use the template.
Scenario Planning
This toolkit offers a four-step process to help nonprofits navigate uncertainty by assessing risks to key drivers, modeling best-to-worst-case scenarios, and preparing responsive action plans. It guides organizations to align scenario planning with their mission and equity goals while identifying specific triggers for decision-making. The toolkit emphasizes flexibility, financial sustainability, and strategic clarity. Real-world examples are included to demonstrate application and foster organizational resilience.