Nonprofit Budget Template Societ Nonprofit Solutions
Some organizations might also include admin or facilities expenditures in their program budget allocation. Use a free template to get you started and once you’ve added any unique requirements to it, this can be reused for subsequent budgeting sessions. It also helps to use a standard format for budgets as you can compare them and track growth and changes over the years. You’ll need a program budget every year, so get your docs in order for the years ahead and plan a clear budgeting process.
Sample Non Profit Startup Budget
- Put simply, revenue is the money you bring in from normal business operations.
- Beyond basic income and expense tracking, build in space for context and analysis.
- Showing them what is needed or possible can be an incentive to commit to more fundraising.
- The process begins with the decision of which activities at your organization comprise a program for the purpose of budgets and financial reports.
- Nonprofits are organizations, associations, cooperatives, or any group of individuals who voluntarily gather to perform either educational, religious, or public services.
- When estimating fundraising income, don’t forget to look at multi-year trends in your organization’s fundraising.
That’s why Relay (that’s us! 
) helps nonprofits organize cash across multiple checking accounts. Our online business banking and money management platform allows nonprofits to open 20 individual checking accounts for program budgets, operating expenses, and beyond. America’s 1.5 million nonprofit organizations are at the heart of our communities, from supporting arts and culture to providing essential services for people in need. 
To successfully deliver these programs—without running out of resources—effective nonprofit budgeting The Key Benefits of Accounting Services for Nonprofit Organizations is key.
How to build your dream fundraising team (without the burnout)
- To help you to do that, I have developed an easy-to-use nonprofit operating budget template.
- That way, the funder has a clear understanding that your nonprofit has the means and manpower to complete the proposed project.
- Your budget should consist of the income you expect to make and the expenses you expect to incur.
- Understanding and managing both fixed and variable costs helps you make smarter spending decisions and maintain financial flexibility.
- While there is generally space for hope and dreams in the nonprofit world, when it comes to budgeting – there isn’t.
- From how to get the funds needed to how to spend the money wisely, the above formal template can guide you through with the well-written suggestive content.
While there is generally space for hope and dreams in the nonprofit world, when it comes to budgeting – there isn’t. When putting in the numbers for your revenue, make sure you know exactly where your funds will come from. The capital budget may include projects which will have ongoing effects on operations. The capital budget can also be used for construction and other big, one-time spending projects that often take more than a fiscal year to pay for.
Capital Budget for a School Renovation Project
Most financial experts recommend nonprofits maintain cash reserves equal to 3-6 months of operating expenses. However, your optimal reserve level depends on factors like funding predictability, program commitments, and growth plans. Start by building toward three months of reserves, then adjust based on your organization’s specific needs and risk factors.
Through the activities set in the plan, proceeds are acquired, whether through ticket sales, item auctions, or others. Like any small business, your nonprofit needs enough cash flow to cover all its operating expenses—paying staff salaries, keeping the lights on, and covering upfront costs for fundraising events. In fact, Forbes reports that the top 100 nonprofit organizations in the United States receive around 11% of all charitable giving. Grassroots nonprofits, by stark contrast, often scrape by to fit within their annual nonprofit budget plan.
Additional Resources and Links
This is also because everything depends https://nerdbot.com/2025/06/10/the-key-benefits-of-accounting-services-for-nonprofit-organizations/ on how much grants non-profit collects must be more than how much it can afford to spend. So it has clear income and expense segments with the listed variables for the budgeted column and the year-to-date column. Easily manage your money, track expenses, and pave the way for financial success with this intuitive budgeting tool. Take a leap towards financial success with our budget free Google Sheets template, a powerful tool that helps you track expenses and achieve your monetary objectives.
