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KBLX 102.9 FM Radio Weekend Tip - How to Create a Nonprofit Revenue Budget


What does the Revenue section look like in a Nonprofit Budget?

Nonprofit revenue can be defined in 3 basic ways:
  1. Carry-forward Income,
  2. Earned Income &
  3. Contributed Income:  

Carry-forward income -(dollars available beyond your annual fiscal year)  

Example:
Your fiscal year is July 1 - June 30 but the Grant year is September 1 - August 31 -- There are two (2) months remaining in the Grant year after the close of your fiscal year June 30 - Those 2 months are July and August. You only had 10 months of grant revenue used, you still have remaining two (2) months - That remaining 2 months of revenue would be considered carry-forward into your new fiscal year.

Definition of Earned Income

  • Government grants and contracts, HRSA, Ryan White, Head start,...
  • Fee for service (3rd party reimbursements i.e. Medicare, Medical & Patient fees)
  • Service contracts
  • Interest, investment income
  • Rental Income (equipment property)
  • Business income



Definition of Contributed Income

  • Fundraising dollars
  • Pledges, donations & gifts
  • Planned gift giving  like; bequests,  direct mail , phone banks, ...
  • Membership dues
  • Foundation funds
  • Corporation funds
  • Church & Civic  Group funds






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