Writing Homework Help

1.Purpose of a Budget- 250 words

Budgeting for organizations is not very different from budgeting for a single organization, though the scale may be different.

• Government organizations prepare budget requests to a legislative body. Ultimately, the budget is set by the decision of that body.
• Similarly, executives in for-profit organizations offer a budget that projects incoming revenues against expenses and desired profit to a corporate or business finance board.
• Nonprofits also develop budgets at the executive level, but in consultation with board members and key program personnel, projecting possible funding levels from grants, contracts, and services. Then, they project the expenses for carrying out the mission and the programs.
• Mixed (hybrid) organizations perform virtually the same process as organizations in the other sectors, but the budget reflects legislative or board mandates if the organization is a government/nonprofit partnership. If it is a for-profit/nonprofit partnership, then the revenue streams used to set the budget are defined by each of the partners, and then configured as a single budget.
• Please use the planning a budget section in the Community Toolbox link to assist you in answering the discussion question.
• https://ctb.ku.edu/en/table-of-contents/finances/managing-finances/annual-budget/main

Developing a Budget for the Organization Logic Models-250 words

The budget is the heart of a program. Without a budget, the program cannot function. In a strategic plan, the budget evolves from an understanding of the organizational mission, the available resources, voluntary or non-cost supports, potential activities, the benefits resulting from the activities, and, ultimately, objectives.

These are the key parts of a logic model that form the foundation of your budget process. The Kellogg Foundation defines a logic model as “a systematic and visual way to present and share your understanding of the relationships among the resources you have to operate your program, the activities you plan, and the changes or results you hope to achieve” (W. K. Kellogg Foundation, 2006).

Review the “Use Logic Models in Evaluation” Evaluation Toolkit Web page from The Pell Institute and Pathways to College Network, which describes logic models. Then, discuss how you would use a logic model to explain how and why your chosen program or organization will work with possible budgetary resources.

http://toolkit.pellinstitute.org/evaluation-guide/plan-budget/using-a-logic-model/