9 Best Free️ Google Sheets Nonprofit Budget Templates for 2023

nonprofit budget examples

If you don’t know what your goals are, your budget plan will fail to reflect them, and you might end up overspending on programs that don’t further the core purpose of your mission. 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. The template includes a revenue summary section that calculates your total grant income and a net section to help you quickly determine your program’s financial sustainability. 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.

Step 2: Define the Amount of Income

nonprofit budget examples

When teams have clarity into the work getting done, there’s no telling how much more they can https://nerdbot.com/2025/06/10/the-key-benefits-of-accounting-services-for-nonprofit-organizations/ accomplish in the same amount of time. Empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change.

Creating a Budget For a Nonprofit Organization + Template & Example

By leveraging these free non-profit templates and tools, you can improve your organizational processes, increase your fundraising effectiveness, and better manage your programs. Explore our offerings and find the resources that will empower your nonprofit to thrive and make a lasting difference. Now that you understand the basics of nonprofit financial planning better, meet with your team, and create a budget and cash flow. It’s also important to track restricted and unrestricted funds, and how you are spending them.

nonprofit budget examples

Non-Profit Budget Templates

  • This free balance sheet template for non-profit organizations comes in an Excel format to make it easy for you to calculate income and expenses.
  • These templates streamline the budgeting process by automatically pulling historical financial data.
  • This category includes all the costs of hiring and retaining staff—including salaries, payroll taxes, health insurance, retirement contributions, and other benefits.
  • Such changes could include the addition of new funding sources or new restrictions dictated by existing donors.

With so many different revenue sources and expenses, it can be tough to manage your nonprofit budgets. 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. The National Council of Nonprofits provides a comprehensive budget toolkit designed to empower nonprofits of all sizes with effective financial management. This toolkit goes beyond basic templates, offering a range of resources including various template options, practical budgeting strategies, and guidance materials. It caters to organizations from startups to complex multi-program entities, ensuring a tailored approach to budgeting.

  • This is particularly useful for organizations seeking to strengthen board engagement in financial matters.
  • No matter what the size of your business, having the budget plan will always help you have control over your expenses always.
  • Looking to create a well-crafted budget for your nonprofit organization?
  • But if you’ve never created a budget or thoroughly reviewed your finances, it can feel overwhelming.
  • This accountability—which is at the heart of all nonprofit accounting activities—is essential for instilling trust in all of these individuals and being able to fund your mission for years to come.

Blackbaud Financial Edge NXT

nonprofit budget examples

Use this operating budget template to ensure that your nonprofit has accounted for every single cost and expense. By doing so, you can keep an eye on your big-picture accounting services for nonprofit organizations forecast with the assurance that every detail of your accounting is in order. A staff’s responsibility to procure a budget defines the need for a non-profit budget standard template as provided. No matter what the size of your business, having the budget plan will always help you have control over your expenses always.

nonprofit budget examples

The ultimate guide to selecting the best accounting and financial management software for your nonprofit. By the end, you’ll have the knowledge and tools to build a reliable financial plan with confidence that balances financial constraints with your nonprofit’s ability to carry out its mission. In fact, a survey conducted by Sage found that nonprofits rank budgeting and financial planning as one of their top five internal challenges. Are you responsible for managing a nonprofit’s budget, or are you looking to support an organization and want to understand how its finances work?

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