This paper was created for executive directors, directors of finance and administration, and program managers of small youth-serving non-profit organizations. This guide supports and enhances the systems they use to manage grants and contracts. This guide is organized to use as a quick self-assessment of their fund management practices: (1) seven key steps to strengthen their fiscal operations; (2) quick tips for success; (3) common pitfalls; (4) checklists; (5) worksheets; (6) list of key terms; and (7) a sample budget. Key Terms Related to Grants and Contracts Management and Sample Program Budget by Funding Source are appended. (Contains 8 resources.) [Funding for this paper was provided by the Underage Tobacco Prevention: Philip Morris USA and the Youth Programs Resource Center.]