Operating Budget

Help Access Virginia put together a detailed operating budget covering at least one full fiscal year and provide expert advice on managing cash flow.
Access Virginia
Newport News, VA, USA
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Access Virginia
Newport News, VA, USA

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Posted June 22nd

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Project details

What we need
  • A detailed Operating Budget covering at least one full fiscal year
  • Expert advice on how to reconcile actual expenses with budgeted expenses
Additional details

How to create an operating budget for the first year, how to predict expenses and determine the true cost of a project -

What we have in place
  • We currently have quickbooks online, which should make it easy for you to get started. We also have a business plan, and the ability to provide any other information you need.
How this will help
This project will save us $5,898 , allowing us to use funding for marketing/advertising or hire part-time admin staff

To help determine funding needed and how to allocate for operations and projects

Project plan

P
Prep: Distribution of Prep Materials
  • Volunteer Manager provides Professional with materials currently being used for financial planning, such as the current operating budget or chart of accounts, and current financial statements
  • Volunteer Manager also provides any additional materials that will affect budgeting, such as a fundraising plan, earned income plan, or business plan
1
Milestone 1: Information Gathering & Outline
  • Professional does additional due diligence to address any questions or issues
  • Professional creates a detailed outline for the budget, to be shared with Volunteer Manager for feedback
2
Milestone 2: Budget Creation
  • Professional creates budget and shares it with the Volunteer Manager for feedback
  • Professional incorporates any feedback into the model for final draft version
3
Milestone 3: Explanation & Training
  • Professional delivers the budget, alongside a detailed written or verbal explanation of how the budget should be utilized and modified in the future
  • Professional provides advice on how to record and reconcile actual expenses against the budget
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About the org

Access Virginia
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Our mission

Access Virginia was created to provide open captioning and audio description at live theatrical performances so that Deaf/Hard of Hearing and Blind/Visually Impaired persons could attend show performances and experience the pleasure of live entertainment at public facilities and to ensure that no individual with these disabilities is denied access or treated differently than other individuals because of absence of necessary accommodations.

Testimonials

I absolutely enjoyed working with Faith. She spent a considerable amount of time working out a detailed budget template and formulas to past, current and projected budgets as well as devised a time management template for me, which was much needed.
Lois B.
Lois B.

Executive Director

Operating Budget Project

It has been a great honor working with Access Virginia! I appreciate the patience and guidance that Lois Accorded me throughout the course of the project.
Faith N.
Faith N.

Finance Expert

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