The One-Number Annual Budget is the organization's operating budget for one fiscal year. It is the amount of money needed to maintain basic daily operations and includes things like rent, salaries, and program costs.
The annual operating budget does not include pass-through income or expenses. For example, money your organization received through donations and then re-granted to other organizations is considered pass-through money and should not be included in your operating budget.
Calculating your annual budget
To determine your one-number annual operating budget:
- Find the sum of your organization’s functional expenses. The functional expenses lines include salaries and employee benefits, fees for services, supplies, and technology, office expenses, advertising, and fundraising expenses.
- Next, subtract all grants and assistance made to domestic and foreign organizations, governments, and individuals from your organization’s total functional expenses.*
*If you’ve already filed Form 990 for your organization, you can use the report to help you calculate functional expenses. Find the functional expenses section in Part IX, lines 1-25, in Form 990 or Part I, lines 10-17, of Form 990-EZ.
One-Number budget template
You can use the one-number budget template to help determine your one-number budget.
One-Number budget template
You can use the one-number budget template to help determine your one-number budget.
- Download a copy of the JustFund one-number budget template [ORIGINAL], and save the copy to your computer and online storage space.
- Then, you can begin editing the copy of the template with your organization's financial information.
- If you end up with a negative Annual Operating Budget (for example, -$15,00), then use total functional expenses as your annual operating budget.
- If you intend to share the full budget, be sure to replace the JustFund logo with your organization's name or logo, and remove the written instructions from the template.