Nonprofit Statement of Activities: Comprehensive Guide, Template, and Tips for Success
Nonprofits may also invest restricted funds that they can’t use for their nonprofit’s operations. If your organization uses cash-based accounting, nonprofit balance sheets may not provide an accurate snapshot. Nonprofit balance sheets list your organization’s assets, liabilities, and net assets. Nonprofits must provide this information when filing Form 1023 to apply for 501c3 tax exemption […]