Free income and expense template for nonprofit
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Your budget will help you make sure the bills get paid, especially as you take on additional expenses. But you need some practicality and planning to go with it. It’s easy when you’re just starting out – and you’re super excited about the future – to operate on a lot of hope. Without a budget, you can find yourself in deep water, fast, with more money going out than coming in. When you’re just getting started, it’s critical that one of your first steps is to create your nonprofit’s first budget to help you manage both your organization and your finances as it grows.Ī budget combined with a fundraising plan can help you make sure there’s always money to pay for the things you need to operate your programs.