Nonprofit Operational Manual

Home Acknowledgements


The annual budget is best developed from the organisation’s annual work plan. The budget is a plan of spending for the coming year showing the organisations activities. It is a forecast for the year showing areas of under-funding and a tool for monitoring income, expenditure and fundraising. See for an annual work plan template. Note that the final approval and authority for the annual budget lies with the board, it is the responsibility of the executive director to generate the budget with the support of the treasurer and finance committee