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All Posts Tagged Tag: ‘Budget’

Budget! Actuals! Projections!

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Here are a few things to keep in mind as you’re sorting through these three sets of numbers. Budgets are certainly the critical framework for any org’s financial activity. They are, in essence, Board approved projections of anticipated revenues and expenses, established before the start of your fiscal cycle. All activity during the year is focused on meeting those goals …

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Now get out there and spend, spend, spend

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At root, a budget is a guideline, a set of goals, a financial framework within which an org commits to operate. But it’s easy for the guideline to become viewed as “permission”, and that’s not always a good idea. In an oversimplified example, lets say an organization has one revenue source, and plans to raise $10,000 this year. As a …

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Yes Virginia, another nonprofit budget template

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Here’s a link to a template for a generic nonprofit budget spreadsheet recently put together for a client. The accompanying PDF file contains a set of assumptions and notes to support the spreadsheet. Sample budget spreadsheet template Sample budget spreadsheet notes If your organization has struggled with the budgeting process, perhaps this nonprofit budget template will help provide some ideas …

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