Poor financial planning can often be attributed to poor budget management. If you’re a nonprofit organization, you’ll know there is no room for error regarding the management of funds, as this could have a direct impact on the probability of securing funds in the future.
Google Sheets budgeting templates are the perfect solution for correctly appropriating funds and expenses, resulting in a workable cash flow, so you can continue to focus on your mission.
See the reviews below of some of the more popular Google Sheets nonprofit budget templates that are available at no cost to your organization.
1. Free Downloadable Nonprofit Budget Template
Designed by ThankView
The Nonprofit Budget Template by ThankView is an excellent example of a non-profit budget spreadsheet that is uncomplicated and lists income (including program income, corporate donations, miscellaneous revenue, etc.) and expenses (i.e., office supplies, staffing expenses, marketing and advertising, professional support, telecommunications, etc.) as typical nonprofit organizations might encounter them.
If there is a significant net deficit or surplus in the day-to-day running of your business, you are sure to know about it with this simplistic yet spot-on free budgeting spreadsheet.
2. Nonprofit Operating Budget Template
Designed by Smartsheet
The Nonprofit Operating Budget Template by Smartsheet lets you compare your previous year’s fiscal budget with your current year’s fiscal budget plan by allowing you to monitor any major differences between revenue and operating expenses to avoid veering off track to what you originally planned for.
The summary table at the very bottom will help you see how you’re tracking as far as year-to-date, and year-to-date budget totals go.
3. Nonprofit Startup Budget Template
Designed by Smartsheet
The Nonprofit Startup Budget Template by Smartsheet is unique in that it enables Startup Nonprofits to record and budget accurately for startup operating expenses, essentially giving your nonprofit the best chance at succeeding right off the bat.
With this budget, you can calculate one-time startup expenses in combination with recurring monthly expenses to give you a more accurate ballpark amount to aim for if you’re in the beginning phase of budgeting for your business.
4. Nonprofit Annual Budget Template
Designed by Smartsheet
Sometimes, it’s more beneficial to keep an eye on your revenue and expenses with a top-down approach to pinpoint major areas of concern. The Nonprofit Annual Budget Template by Smartsheet is one of those budgeting tools that is a must to have on hand if you desire to oversee your budget from a broader perspective.
From an accounting perspective, this budget becomes extremely valuable if you want to see information from a Profit and Loss statement and the Balance Sheet all on one sheet, with the requisite subcategories one can expect to see in such sections.
Additionally, this spreadsheet not only allows you to report on your nonprofit’s progress either on an annual or quarterly basis.
5. Nonprofit Project Budget Template
Design by Go Skills
The Nonprofit Project Budget Template by Go Skills is a spreadsheet designed specifically for project tracking. It is, therefore, ideal to use if you have multiple projects on the go with varying levels of importance and you want to keep an eye on how each project is performing individually.
Use this free budget if keeping on top of your deliverables and ensuring the execution thereof is of the utmost importance to your organization.
6. Nonprofit Grant Proposal Budget Template
Designed by Smartsheet
The idea behind the Nonprofit Grant Proposal Budget Template is to solidify your nonprofit’s standing regarding its eligibility for funding.
Compare how your pledged, requested, and other received amounts are doing in relation to each other to determine in which revenue areas there needs to be a renewed focus.
7. Nonprofit Event Budget Template
Designed by Spreadsheet Daddy
The Nonprofit Event Budget Template by Spreadsheet Daddy is freely available for use if you have an event in mind and want to ensure that you don’t spend more than you have to in each area of the event budgeting process.
Budget for key areas such as site, decorations, publicity costs, program expenses, refreshment expenses, and either miscellaneous costs that may crop up on the day of the event.
8. Multiyear Nonprofit Budget Template
Designed by Spreadsheet Daddy
Sometimes, the only way to see where your budget is failing is by comparing it to your previous year’s budget to spot any unusual discrepancies. The Multiyear Nonprofit Budget Template by Spreadsheet Daddy is useful for this.
It contains two budgets for different fiscal periods that can be compared to each other like–for–like as you work your way through to the end of the current fiscal year.
9. Nonprofit Program Budget Template
Designed by Spreadsheet Daddy
The Nonprofit Program Budget Template by Spreadsheet Daddy is perfect for specific program expenses. Take note of precisely where and how your funds are being allocated to ensure these are all accounted for mission-related purposes.
This budgeting template can also be used as a checklist to ensure that your program has sufficient backing financially to be fruitful.
FAQs
What is a typical nonprofit budget?
Because donors generally require proof of how their money is being put to use, there exists a need for greater transparency regarding the financial standing of a nonprofit organization. This is where a nonprofit budget comes in handy, accurately recording expenses and revenue as they occur in detail.
What should a nonprofit budget include?
A nonprofit budget should ideally have two sections – one for funding and one for expenses (including overhead and operating expenses). Columns for projected expenses or revenue, what was actually received or spent, and how these differ from one another are also a must.
Since this is such an important document for accountability purposes, the layout should be easy-to-navigate, and the relevant applicable formulas should be as accurate as possible.
With one of the free downloadable Google Sheets nonprofit budget templates covered in this article, you can be sure that your budget will make sense to the right people while staying true to your company’s mission.
