A non-profit organization is an organization that has a different purpose compared to a normal (profit) organization. They are non-commercial and not looking for any benefits. This type of organization includes religious institutions, government schools, hospitals, public clinics, political organizations, and public services with the help of volunteers and resources from public donations. These volunteers and public donators will expect nothing in return. Even with this being said, a non-profit operating budget is still something that needs to be considered especially with all the expenses that they have to use to operate their organizations.
Since this type of organization could be a combination of few non-profit organizations as well for a certain purpose, they are still a non-profit organization without any certain profitable purpose. For a non-profit operating budget, it can be categorized into few different parts. Usually, it will be directly connected to the service or goods and not connected to anything else. With a non-profit organization, the fees that are needed will be under the classification of their involvement with any events and programs of the organization itself. The “profit” or “fundraise” that is usually done by a non-profit organization will be used as an operational fee and not as a profit for any individual or the organization itself.
Other Sample of Non-Profit Operating Budget :
The planning of any events will need to be done properly as well, with the contacts that need to be done along with the volunteers and donators of the organization itself too. All the operational budget needs to be written down so there are no mistakes when it is calculated at the end of the month. Using a non-profit operating budget template can certainly help in this type of situation. It can be helpful to determine the expense and income of the organization especially with all the events that have or will happen. If you are interested in using this type of template, you can download one for free by clicking on the free link provided at the bottom of this page.
Non Profit Operating Budget Template | Excel – download
