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Choose a nonprofit to work with. There
are four sample nonprofits in this section. These nonprofits don’t
really exist. However, they’re based on real organizations.
Children should choose the nonprofit that seems most interesting
to them. Which one would they prefer to run? |
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Review the nonprofit’s
description. Children
may wish to print this description for reference. In this step, they’ll
learn the details of their organization. Instruct children to pay
close attention to the budget explanation. They’ll need these
figures to complete the budget worksheets.
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Complete the budget worksheets. First,
have children complete the revenue worksheet for their organization.
They may have to use their math skills in this section. Some figures
will need to be calculated. Have children include revenue that their
nonprofit receives from all sources. Then, instruct them to complete
the expenses worksheet. Expenses should be included based on the
nonprofit description. |
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Compare revenue and expenses. Now
it’s time to see if your children's budgets balance. Have
your children look at their revenue totals. Compare
these to their total expenses. These totals should be the same. If
they
aren’t, assist your children in recalculating their worksheets. |
