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Dec 06

Grant Q&A: Fiscal Year 2020 Budget

Posted to Nonprofit Updates on December 6, 2019 at 3:02 PM by Shalom Black

1. Under Part VI. Financial Information, the Organization's FY 2020 Budget is to be uploaded, and you clarify in the application that the County wants the organization’s current fiscal year operating budget. Our organization runs on a calendar year, so our “current” operating budget is for January to December 2019. Can you please confirm that we should provide our 2019 budget and not our 2020 forecasted budget?

2. For the detailed operating budget, is it acceptable to provide a budget that only reports annualized totals, or would you prefer budget items to also be reported by quarter or month?

1. Since we request FY 2019 year-to-date financial statements as well in the same section, please upload your projected FY 2020 operating budget.

2. Annualized totals are acceptable.
Nov 21

Grant Q&A: Question 10 (fiscal year)

Posted to Nonprofit Updates on November 21, 2019 at 11:40 AM by Shalom Black

Question: On question 10, it asks for the number of unduplicated Loudoun County residents by FY.  Is that by calendar year, our fiscal year or Loudoun County fiscal year?

Answer: For all questions, you may use your organization's fiscal year. The exception is the Outcomes Section, in which you must use the County's fiscal year and project your numbers for the July 1-June 30 timeframe.

Tag(s): FY, fiscal year, 10