fundamentals of Budgeting
you have been hired as an executive director of a small nonprofit organization. Among your many duties are to determine an annual budget and develop a fiscal plan for the organization.
For this assignment, you must develop a 2-page spreadsheet that you will deliver to the director and staff containing an annual generic annual budget for the RTWMTC. Â Using an income of 800,000 per year, you must answer the following questions:
- How many employees does the RTWMTC company have, and what is the breakdown of their salaries (you may choose)?
- What additional costs does RTWMTC have (include utilities, lease/mortgage, phone, etc.)?
- What is the surplus or deficit of the RTWMTC?
Then create a one page word document andÂ Explain why it is important for an organization, a project, or a department to have a budget. Â Must be APA format.