Believe it or not, the new year is just around the corner. With 2023 fast approaching, nonprofits are starting their budgets for the new year. It is easy to put the budget on the back burner or simply use the same numbers as last year, but that approach is rarely effective. Below are a few common “weak areas” or mistakes nonprofits make regarding budgeting. Consider whether these weak points might be something necessary to address while creating a budget for the new year.