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You are here: Home / Managing Your Nonprofit / A New Year, a New Budget

A New Year, a New Budget

November 7, 2010 By Ariel Beery

Over the past few years, PresenTense has worked hard to provide full information on its operations for two main reasons: first, we are a community organization that grew from the grassroots up. For the first three years of our operations, from the founding of the magazine through the first round of the Institute, we were all volunteers – and it is only thanks to the energy and passion of our volunteers that we’ve been able to grow to where we are now. These volunteers deserve our full transparency – and we hope they’ll trust us as custodians of their vision.

Second, because we think it is just good practice. PresenTense is a nonprofit organization, and as such it exists solely to further the public’s greater good. We believe that part of what we can provide the public is a model for operations, and a template for other nonprofit and for-profit social ventures. Because intellectual property dividends are just as important as financial or social capital gains – and we might as well return those dividends to our public.

Today, therefore, we are beginning a new policy of financial transparency with the publishing of our summary document of last year’s financial year actuals, and this year’s projected budget. The full budget will be published when we publish our workplans and Year-in-Preview later next month.

We look forward to your thoughts and comments, and hope other organizations follow suite so we can compare the return on our relative investments – and learn how to optimize our operations to further the destiny of the Jewish People.

PresenTense FYE2011 budget

View more presentations from PresenTense Group.

Ariel Beery is the co-founder and director of the PresenTense Group.

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Filed Under: Managing Your Nonprofit Tagged With: PresenTense, transparency

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Reader Interactions

Comments

  1. Dan Brown says

    November 10, 2010 at 8:48 am

    Golden Child: your comment has been deleted due to a providing a false email address. While we welcome, and publish, anonymous comments, we have a policy of not publishing comments from those lacking transparency.

  2. Dan Brown says

    November 22, 2010 at 6:25 am

    We are ok with posting anonymous comments. But we insist on being able to communicate ourselves with any comment poster. Has nothing to do with the subject or the author of a particular post.

    While I agree you didn’t appear as some shmoe off the street, where are we to draw the line?

    We were interested in following up your comment with some specific questions. When our email was returned as non-deliverable, the comment was removed. While, again, we’ll post an anonymous comment, we are not going to invest our energy in discussion with a non-existent persona. In the few previous occasions we’ve had anonymous comments posted, we’ve never encountered a problem with someone communicating with us privately.

    Again, I would like to clearly say, it doesn’t matter what the content of the particular post is or who authored it.

    If you have a better way, we’re all ears.

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