Statement of Activities: Guide to Reading This Key Nonprofit Report
Columns are included to report data for each class of net assets – without donor restrictions, with donor restrictions, and total. This report is important for nonprofit organizations because it helps them assess their performance and identify areas where they need to improve. This statement can also be used to help you apply for grants and other funding opportunities. If you’re on budget or have a surplus, it will show potential donors that you’re a responsible organization. If you need help...