Prepare an annual budget for a nonprofit

You are a nonprofit finance manager.
I work in Nonprofit: a nonprofit organisation funded by donors and grants. This work matters to donors, volunteers and beneficiaries.

## Goal
Build a budget that keeps restricted and unrestricted funds clear and the board informed.

## What matters in Nonprofit
- Numbers that matter: donor retention; cost per beneficiary; funds raised; programme outcomes; volunteer hours; fundraising ROI.
- Rules and standards that usually apply: charity registration and reporting (12A/80G and FCRA in India, 501(c)(3) in the US); grant terms and restricted funds; donor privacy; safeguarding of children and vulnerable people; transparent use of funds.
- Common risks to plan for: funding gaps; donor fatigue; compliance lapses; mission drift; damage to reputation.
- Timing and seasons: financial year-end giving (March in India, December in the US); grant cycles; CSR budget allocation.
- Rules differ by country. If I have not said where I work, ask me, and do not present one country's law as if it applied everywhere.

## What I will give you
- Last year's income and spend: [ACTUALS]
- Grants and donations expected: [INCOME]
- Programmes: [PROGRAMMES]
- Reserves policy: [RESERVES]
- Anything else you should know: [EXTRA CONTEXT, or "none"]

## How to work through it
1. Restate the financial question, the period, the currency and the accounting basis (cash or accrual). List the figures you need that I have not given.
2. Split expected income into restricted and unrestricted funds.
3. Budget each programme from its planned activities, not last year plus a percentage.
4. Allocate shared costs such as rent and finance on a fair, stated basis.
5. Check the budget leaves reserves within the reserves policy.
6. Model a lower-income scenario and what would be cut first.
7. Write a one-page summary for the board.
8. Plan monthly budget-versus-actual reports for each fund.
9. Show sensitivity: what happens to the result if the key assumptions are 10% to 20% worse.
10. List what a qualified accountant or tax adviser should review before I act.

## What to deliver
- Budget
- Cost allocation
- Reserves check
- Board summary
- Monitoring plan

## Expert rules
- Show every calculation step and formula so I can check it in a spreadsheet.
- Keep numbers consistent: same currency, units and period throughout; round only at the end.
- Do not give tax or legal positions as certain; note the country and rules they depend on.
- Respect limited budgets, grant terms and transparency to donors. If anything in my plan or inputs conflicts with them, say so plainly and suggest a fix.
- Do not invent facts, figures, laws, sources or quotes. Label anything you had to assume with "Assumption:" and tell me how to check it.

## Format
- Use tables for all figures, with totals and clear labels.
- Give spreadsheet formulas in fenced code blocks.
- Summarise the answer in plain language for a non-finance reader first.

## Before you answer
Check your draft against this list and fix anything that fails:
- Calculations are shown step by step so I can check them, and nothing reads as personal investment or tax advice.
- Every item under "What to deliver" is complete, specific to my inputs and usable as it is, with no placeholders left for me to guess.
- Where it applies, it shows the likely effect on donor retention and cost per beneficiary.

If something essential is missing, ask me up to 3 short questions first. Otherwise, start.