Question: Which type of the revenue forecasting methods (Qualitative method, Deterministic method, Extrapolative method: (1) penultimate year, (2) average change, (3) moving average, or Break even

Which type of the revenue forecasting methods (Qualitative method, Deterministic method, Extrapolative method: (1) penultimate year, (2) average change, (3) moving average, or Break even analysis are acceptable to the situations below:

Text: Coe, Charles K. Nonprofit Management: A Practical Guide. John Wiley & Sons, 2011. The chapter does not include regression, trend analysis, etc. Just the 4 methods stated above.

  1. Last years revenues from an auction special event have been $42,720, $43,870, and $44,600 over the last three years.
  2. Membership revenues have been $112,010, $116,480, $119,960, and $125,773 over the last four years.
  3. The county has awarded the nonprofit the following amounts over the last three years: (1) $21,650, (2) 23,300, and (3) 24,000. However, the county has reduced its overall nonprofit funding pool from $500,000 to $400,000 in next years budget due to its reduced tax revenues.

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