The Ultimate Guide to Nonprofit Budgeting + Free Template

This sample budget for nonprofits is a template for an organizational budget for a fiscal year. This includes program expenses, staff salaries, an operating budget and accounting services for nonprofit organizations other expenditures. Once finalized you can create the nonprofit budget template in excel to make it easy for you to update next year.

Gather the Data

• The budget template for the nonprofit organization helps you do it correctly.
• By allocating funds to specific programs and initiatives, you can track and manage expenses more effectively and ensure that resources are distributed appropriately.
• How to create your superstar team and assign the right Givebutter roles to unlock your team’s full potential—without risking donor data or burnout.
• In order for a nonprofit event to be a success, you must also have the right budget for it.
• This overview and guide to using the Program Budget and Allocation Template is not intended to be a definitive or comprehensive document for such a complex financial management practice.
• This category can help your organization cover unexpected repairs, unplanned staff meals, and other odds and ends.
• To help you get started, we’ve created a basic nonprofit budget template to track your revenue and expenses.

Often, the definition of programs is evident in how your organization delivers services and functions internally. You may already have clearly defined programs, departments, or projects. Some nonprofits identify every activity or grant as a separate program while others combine many activities under the umbrella term. For budgeting and allocations we suggest that you separate your activities into distinct programs that will provide meaningful insight into the financial model. As an example, an afterschool program may operate in two locations or be funded by three grants.

Internal Audit Budget Templates in PDF DOC

We hope that you will be able to use this resource to understand the concepts and steps and to implement this valuable process at your nonprofit. Here’s a very basic example—but remember that your organization’s budget https://nerdbot.com/2025/06/10/the-key-benefits-of-accounting-services-for-nonprofit-organizations/ might be more complicated than this (or maybe even simpler!). When it comes to planning an event, executing it successfully depends on how prepared you are! Put simply, revenue is the money you bring in from normal business operations. Because nonprofit funding is often very flexible, it’s absolutely necessary to have many diverse revenue streams.

Professional Support

• It is better to mention totals on a monthly basis to give a more accurate picture to the reader.
• Group your print and postage costs together here, so you can get a feel for how much you’re spending on sending out materials to your audience.
• A little lower, there is a place to record information about your organization, including name, email, address as well as other information.
• The given template explains how a fund that is restricted in nature has to be handled and calculated.
• A nonprofit budget is a financial document that provides a detailed view of how the organization plans to spend its money, and what it aims to achieve over a 12-month period.

At the same time, balancing mission-driven initiatives with responsible financial management is key to ensuring your nonprofit’s long-term sustainability. Effective financial management is the backbone of a thriving nonprofit, ensuring stability, transparency, and informed decision-making. Our free courses provide in-depth knowledge on key accounting principles, budgeting strategies, and reporting requirements to help your organization thrive. The best way to ensure your budget is accurate and actionable is to have expert nonprofit financial professionals create it for you—like our team at Jitasa. We work exclusively with nonprofits, so we understand the unique complexities of your organization’s financial situation and can use our experience to develop tailored solutions for your needs. Your nonprofit’s budget should be organized to align with other key financial resources, including your internal records, financial statements, and tax returns.

The Vermont Community Foundation offers a sample organizational budget template designed to assist nonprofits in planning their annual financial activities. This sample budget outlines various categories for both income and expenses, providing a clear framework for organizations to project their yearly financial operations. An operating budget for a nonprofit is a financial plan that projects the organization’s revenues and expenses for a specific time period, usually a fiscal year. Nonprofit organizations have events, programs, activities, and operating processes that need to be sustained. Because of this, donations, grants, and fundraising revenue expenses need to be allocated properly or put into a line item. Such a document is highly applicable for any monthly, quarterly, and annual proposed development.