Realistic Budgeting for Not-for-Profit Organizations


CPE Credits



PICPA Member: $58 | Nonmember: $78

 More Information

Course No.

You will have up to 90 days after the date of purchase to complete the course and take the exam.


The Tax Media Network produced this on-demand course on March 31, 2015.

Short on time and CPE?

Gain insight into the creation of a budget for an organization in a financially distressed economy.

Hear Stuart P. Sobel, EA cover the following:

  • Creating a strategic management model
  • Importance of in-kind or pro bono donations
  • Allocation of expenses
  • Utilization of logic-based or zero-based budgeting
  • Unrelated business taxable income
  • Budget variances


Stuart P. Sobel, EA
Tax Media Network, Inc

Stuart P. Sobel, EA is the president of Tax Media Network, Inc. located in Indianapolis, Indiana. TMN produces educational resources for the CPA, Attorney, EA, and nonprofits. Products include book publishing, webcasts, and live courses.  Areas of focus include, tax issues, nonprofit governance and strategic planning, and IRS tax controversy.

For 15 years, his firm, Stuart Sobel Consulting, Inc., provided tax consulting in tax planning, business creation, tax-exempt filing, strategic planning, charitable giving, employment benefits, and tax controversy issues. He has helped to create thousands of diverse businesses and nonprofit organizations including public charities, trade associations, and athletic organizations worldwide. Stuart has helped to form international entities in a number of countries including Belize, Senegal, Central African Republic, El Salvador, Mexico, Lebanon, Suriname, Guinea, Sierra Leone, Ghana, Cameroon, Bulgaria, Romania, Zimbabwe, Iraq, Philippines, Romania, Kenya, Congo, Zambia, and Nicaragua.

During the 30 years he worked for the Internal Revenue Service, Stuart held a number of positions, including revenue agent, expert witness, chief examination branch, chief review staff, and group manager. His responsibilities included oversight of audit selections, examination of tax returns, and technical approval of completed cases. He is one of the co-authors of the Internal Revenue Service Examination Standards and was loaned by the IRS to the Russian Republic for the design of their tax system after the breakup of the Soviet Union. He also co-authored the IRS Guide for Return Selection and Examination Plans for Returns Program Managers.

For fourteen years, Stuart taught entrepreneurship, accounting, and tax courses as a member of the Indiana University adjunct faculty.

Stuart was the producer and host of his own nationally syndicated radio program, Wise Choices: Taxes and Charity Today, which aired for eight years on more than 25 radio stations throughout the United States. The media has referred to Stuart as a tax expert and “The Guru of Giving.” Stuart is a recognized author of four books dealing with taxation and nonprofit issues. He loves to make taxation less “taxing” for the mind and wallet!


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