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File GRAPHICrint DO NOT PROCESSION:93493066004459As Filed Data OMB No 15450047Return of Organization Exempt From Income TaxForm9902018Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue
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Budgeting and financial management is the process of creating a plan to spend your money and effectively overseeing that plan to ensure financial stability and accountability.
Individuals and organizations seeking to manage finances, including businesses, government entities, and non-profit organizations, are typically required to file budgeting and financial management.
To fill out budgeting and financial management, one should gather financial data, categorize expenses and revenues, project future financial needs, and compare the actual figures against the budgeted amounts.
The purpose of budgeting and financial management is to ensure that financial resources are used efficiently, to facilitate planning, to monitor financial performance, and to make informed decisions about resource allocation.
Budgeting and financial management reports typically include income statements, balance sheets, cash flow statements, and expenditure reports detailing budget versus actual spending.
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