4 Free Nonprofit Budget Templates to Manage Your Finances Effectively
Posted: Tue Jan 21, 2025 6:08 am
Track your nonprofit's income and expenses with these free business budget templates. Use your budget wisely and manage your finances for a smoother operation.
4 Free Budget Templates for Nonprofits
Imagine you're on a budget and you go to the supermarket without a laundry list of the things you need. Chances are, you'll either overbuy or forget what you need.
Buying more will drain your personal budget, and buying less will mean extra trips to the supermarket. Either way, you'll be wasting your time and resources.
If you run a nonprofit and don’t keep track of your 99 acres database monthly revenue sources and expenses, you’ll find yourself in a similar situation: either overspending or underspending on important things. But with proper budgeting, you can focus on your nonprofit’s financial goal. Plus, you’ll be able to better manage operations with the limited funds you receive.
To help you move from messy finances to organized operational budgeting, we present four free nonprofit budget templates your organization should try.
1. Nonprofit Program Budget Template
Nonprofit professionals like you can use this budget template to organize and record expenses for a specific program or programs. Let's say you run a job training course for low-income youth. Use this budget planner to track all costs (direct and indirect) for the course. You can also use it as a project budget template.
Direct costs are simple and can be calculated in advance. They include unique program-related expenses, such as the cost of hiring professional trainers, renting books or training materials on various job skills, and the salaries of recruiters for specific programs. Indirect costs are the costs of shared resources, such as office utilities, telephone, or accounting services, that are used by everyone.
Free Multi-Program Budget Template for Your Nonprofit
DOWNLOAD TEMPLATE
2. Non-profit annual budget template.
Use this budget spreadsheet to create an annual budget plan for your nonprofit. Enter your estimated annual expenses for fixed items and program costs, such as salaries, rent, utilities, and supplies, as well as variable items, such as travel, gifts, and marketing costs for one-time fundraisers.
Add general estimates at first, but revise your budget throughout the year. Enter actual costs and expenses in line with your estimates to keep your annual budget template current. You can also compare monthly expenses to your annual projections to make sure you don’t overspend.
4 Free Budget Templates for Nonprofits
Imagine you're on a budget and you go to the supermarket without a laundry list of the things you need. Chances are, you'll either overbuy or forget what you need.
Buying more will drain your personal budget, and buying less will mean extra trips to the supermarket. Either way, you'll be wasting your time and resources.
If you run a nonprofit and don’t keep track of your 99 acres database monthly revenue sources and expenses, you’ll find yourself in a similar situation: either overspending or underspending on important things. But with proper budgeting, you can focus on your nonprofit’s financial goal. Plus, you’ll be able to better manage operations with the limited funds you receive.
To help you move from messy finances to organized operational budgeting, we present four free nonprofit budget templates your organization should try.
1. Nonprofit Program Budget Template
Nonprofit professionals like you can use this budget template to organize and record expenses for a specific program or programs. Let's say you run a job training course for low-income youth. Use this budget planner to track all costs (direct and indirect) for the course. You can also use it as a project budget template.
Direct costs are simple and can be calculated in advance. They include unique program-related expenses, such as the cost of hiring professional trainers, renting books or training materials on various job skills, and the salaries of recruiters for specific programs. Indirect costs are the costs of shared resources, such as office utilities, telephone, or accounting services, that are used by everyone.
Free Multi-Program Budget Template for Your Nonprofit
DOWNLOAD TEMPLATE
2. Non-profit annual budget template.
Use this budget spreadsheet to create an annual budget plan for your nonprofit. Enter your estimated annual expenses for fixed items and program costs, such as salaries, rent, utilities, and supplies, as well as variable items, such as travel, gifts, and marketing costs for one-time fundraisers.
Add general estimates at first, but revise your budget throughout the year. Enter actual costs and expenses in line with your estimates to keep your annual budget template current. You can also compare monthly expenses to your annual projections to make sure you don’t overspend.