First-year budget
=================

[ORGANIZATION NAME]: first-year budget

Fiscal year: [START DATE] to [END DATE]

Prepared by [NAME] on [DATE]. Approved by the board on [DATE].

Income

- Founders and board gifts: $[AMOUNT]
- Individual donations: $[AMOUNT]
- Grants (list each one and whether it is confirmed): $[AMOUNT]
- Events (income before costs): $[AMOUNT]
- Other income: $[AMOUNT]
- Total income: $[TOTAL]

Start-up and legal costs

- State incorporation filing fee: $[AMOUNT, FROM YOUR STATE'S WEBSITE]
- IRS user fee, Form 1023 ($600) or Form 1023-EZ ($275): $[AMOUNT]
- State charity registration fees: $[AMOUNT]
- Registered agent service, if you use one: $[AMOUNT]
- Legal or accounting help: $[AMOUNT]

Insurance

- General liability insurance: $[AMOUNT]
- Directors and officers insurance: $[AMOUNT]
- Other insurance (for example volunteer accident cover): $[AMOUNT]

Banking and money handling

- Bank fees: $[AMOUNT]
- Online payment processing fees: $[AMOUNT]

Technology and communications

- Software (accounting, email, donor records): $[AMOUNT]
- Website (domain name and hosting): $[AMOUNT]
- Phone and internet: $[AMOUNT]

Printing and materials

- Printing and postage: $[AMOUNT]
- Office supplies: $[AMOUNT]

Programs

- Program supplies: $[AMOUNT]
- Space or venue hire for programs: $[AMOUNT]
- Transportation for programs: $[AMOUNT]

Volunteers

- Volunteer expense reimbursements: $[AMOUNT]
- Volunteer training and background checks: $[AMOUNT]
- Volunteer thank-yous: $[AMOUNT]

Fundraising

- Fundraising event costs: $[AMOUNT]
- Fundraising materials: $[AMOUNT]

Contingency

- Money set aside for surprises: $[AMOUNT]

Totals

- Total spending: $[TOTAL]
- Income minus spending: $[AMOUNT]
- Cash in the bank at the start of the year: $[AMOUNT]
- Expected cash at the end of the year: $[AMOUNT]

Donated goods and services (not cash)

- [DESCRIPTION, FOR EXAMPLE DONATED OFFICE SPACE]: estimated value $[AMOUNT]
- [DESCRIPTION]: estimated value $[AMOUNT]

Notes and assumptions

- [FOR EXAMPLE: THE GRANT FROM FOUNDATION NAME IS NOT YET CONFIRMED. IF IT DOES NOT COME, WE WILL DELAY THE SECOND PROGRAM SITE.]