Match spending to permitted funding
See this course’s project requirements
A program finance packet with cash and donated resources, funding restrictions, shared costs, payment timing, variance review and a final report.
Keep your working files in your own notebook or software. Save a private description, checklist, and work link in My Proof.
What to include
- A program resource budget separating cash and in-kind support.
- A funding-by-cost matrix with restricted balances visible. A documented shared-cost allocation and funding check.
- A program cash-timing check with a conditional launch rule.
- A line-by-line variance review with a funding gap flagged.
- A nonprofit program finance report with reconciled funds and service-cost context.
Review and revise
Use these criteria to check your work and choose what to improve.
- Calculations reconcile to the supplied records, with units and dates labeled.
- Assumptions and missing information are visible, including the changed scenario.
- The recommendation follows the evidence and explains an important limitation.
- The six lesson outputs form a usable handoff that another learner can check.
Want more background?
The idea in everyday life
Fictional Bridge Club plans four workshops for 20 people. Facilitator: 8 hours × $25; materials: 20 × $5; snacks: 80 servings × $2; transport: 20 × $3; coordination: 4 hours × $20; donated room: 4 sessions × $30. Donation of room use is noncash and available for all four sessions. Funding: a $500 restricted award may pay only facilitator, materials and transport; $250 unrestricted donations can pay any cash expense. These are fictional award terms, not government rules.
Having enough money overall does not mean every fund can pay every expense.
Match spending to permitted funding — worked practice
Having enough money overall does not mean every fund can pay every expense.
Fictional Bridge Club plans four workshops for 20 people. Facilitator: 8 hours × $25; materials: 20 × $5; snacks: 80 servings × $2; transport: 20 × $3; coordination: 4 hours × $20; donated room: 4 sessions × $30. Donation of room use is noncash and available for all four sessions. Funding: a $500 restricted award may pay only facilitator, materials and transport; $250 unrestricted donations can pay any cash expense. These are fictional award terms, not government rules.
1. Assign permitted costs
Sum facilitator 200, materials 100 and transport 60.
You should see: $360 can be assigned to the restricted award.
Follow the stated purpose restrictions.
2. Assign remaining cash
Put snacks 160 and coordination 80 under unrestricted donations.
You should see: $240 needs unrestricted funding.
Do not move costs merely to use a grant balance.
3. Check each fund
Subtract assigned costs from each available amount.
You should see: Restricted balance $140; unrestricted balance $10.
A total surplus can hide restrictions.
4. Record unused amounts
Label the $140 as restricted pending the award terms.
You should see: Total unspent cash $150; only $10 is unrestricted.
Unused funds are not automatically free to repurpose.
What to finish
A funding-by-cost matrix with restricted balances visible.
Watch for this
Using a restricted surplus to cover any convenient expense.
How can I tell I understand it?
Explain your calculation or classification and reproduce the changed case without copying the worked result.
Quick knowledge check
Answer all 3 questions. Get at least 2 right and the lesson completes automatically.
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Answer all 3 questions above and get at least 2 right. You can review the explanations and try again.
Go to the knowledge checkOptional course overview video · same video as Lesson 1
Introduction to Budgeting (Managerial Accounting)
From Edspira. Watch here or open it on YouTube .
Optional course overview. Follow the written steps below at your own pace.Tools, templates, and lesson sources
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Sources and further reading
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Source & access notes · checked 2026-09-12
Inspected income/expense estimates, restricted funding columns and budget review. Historical legal and salary examples are not adopted.
Access: Public page inspected without a sign-in; linked services may have separate requirements.
Reuse: Link to the original. Free reading does not imply permission to reproduce the page; lessons and fixtures here are original.
Source & access notes · checked 2026-09-12
Inspected current federal-award principles. Applied only as an example of rules to check, not universal nonprofit requirements.
Access: Public page inspected without a sign-in; linked services may have separate requirements.
Reuse: Link to the original. Free reading does not imply permission to reproduce the page; lessons and fixtures here are original.
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