Prompt Library: Financial Management

Financial Planning

1. Annual Budget Template:
   "Create a detailed annual budget template for [nonprofit name], including categories for programs, operations, marketing, and fundraising."

2. Financial Goals Planning:
   "Write a guide for setting financial goals for [nonprofit name], including objectives for revenue growth, cost management, and reserve building."

3. Grant Budget Proposal:
   "Draft a budget proposal for a grant application, breaking down how funds will be allocated for [specific program or initiative]."

4. Cash Flow Projection Template:
   "Develop a cash flow projection template for [nonprofit name] to plan for monthly income and expenses throughout the year."

5. Reserve Fund Policy Outline:
   "Write a policy template for establishing and maintaining a reserve fund for [nonprofit name] to ensure financial stability."

6. Revenue Diversification Plan:
   "Draft a plan for diversifying revenue streams for [nonprofit name], including strategies for grants, donations, events, and earned income."

7. Monthly Financial Report Template:
   "Create a template for a monthly financial report to share with board members and key stakeholders."

8. Program Budget Worksheet:
   "Design a worksheet to create detailed budgets for individual programs or initiatives, including direct and indirect costs."

Financial Management and Communication

1. Expense Tracking Template:
   "Develop a user-friendly expense tracking template for [nonprofit name], including categories for recurring and one-time expenses."

2. Internal Financial Policies:
   "Write a draft of internal financial policies for [nonprofit name], covering expense approval, reimbursement, and reporting procedures."

3. Board Financial Update:
   "Draft a quarterly financial update email for board members, summarizing income, expenses, and any variances from the budget."

4. Financial Literacy Training Outline:
   "Create an outline for a training session to improve financial literacy among [nonprofit name] staff or board members."

5. Donor Transparency Report:
   "Write a donor-facing report showcasing how funds were used, breaking down percentages spent on programs, operations, and fundraising."

6. Audit Preparation Checklist:
   "Draft a checklist to prepare [nonprofit name] for an external financial audit, including documentation and compliance reviews."

7. Restricted vs. Unrestricted Funds Guide:
   "Write a guide explaining restricted vs. unrestricted funds and how [nonprofit name] manages each type responsibly."

8. Tax Filing Reminder Email:
   "Create an email template reminding staff or board members about upcoming tax filing deadlines and required documentation."

Post-Planning Review

1. End-of-Year Financial Review Template:
   "Write a template for an end-of-year financial review to assess [nonprofit name]’s fiscal performance and areas for improvement."

2. Donor ROI Summary:
   "Draft a report showing donors the return on investment for their contributions, with specific examples and outcomes."

3. Cost-Benefit Analysis Worksheet:
   "Develop a worksheet to conduct cost-benefit analyses for potential programs or initiatives at [nonprofit name]."

4. Long-Term Financial Strategy:
   "Create a draft strategy for ensuring [nonprofit name]’s financial sustainability over the next five years."

5. Financial Milestone Recognition:
   "Write a message to celebrate and share a financial milestone, such as paying off debt or reaching a fundraising goal."

6. Expense Reduction Plan:
   "Draft a plan to identify and reduce unnecessary expenses without compromising [nonprofit name]’s mission or programs."

7. Key Metrics Dashboard Outline:
   "Develop an outline for a financial metrics dashboard that tracks [nonprofit name]’s performance, including revenue, expenses, and cash reserves."

8. Annual Financial Report Content:
   "Write content for an annual financial report that combines data and storytelling to communicate [nonprofit name]’s fiscal health."