Page 34 - NCCAA Finance Board Accountability

Types of Budgets

 Capital Budget: A capital budget outlines the expected expenses for

major capital expenditures, such as building renovations, equipment

purchases, or major technology upgrades.

 Cash Flow Budget: A cash flow budget helps nonprofits manage their

cash flow by projecting the timing of expected revenues and

expenses. This budget can help organizations avoid cash shortages

and ensure that they have the necessary funds to meet their financial

obligations.

 Zero-Based Budget: A zero-based budget requires nonprofits to justify

every expense, starting from zero. This budgeting approach can be

useful in identifying areas of inefficiencies and reallocating resources

to where they are needed most.