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The Four Core Statements of Nonprofit Financial Reporting

Blackbaud

While the Statement of Activities examines your revenue and expenses, this document focuses on your assets, liabilities, and net assets, offering a broader view of your organization’s financial status. Net Assets: Net assets represent the difference between total assets and liabilities.

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Can an LLC Business Get Grant Money?

GrantNews

If you own a Limited Liability Company (LLC), you may be wondering whether you’re eligible to receive grant funding to support or grow your business. Upgrade to a MemberPlus+ subscription to view the full grant details, including eligibility criteria and application information. The good news?

Grants 68
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How Government Grants Are Changing Grant-Making Policies

GrantNews

Specifically, to improve food insecurity and reduce food waste by expanding liability protection for food donors. Upgrade to a MemberPlus+ subscription to view the full grant details, including eligibility criteria and application information. For more information, you can also visit the GrantWatch FAQ page.

Policies 107
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4 Nonprofit Financial Statements and How to Create Them

Blackbaud

Gather Financial Data Collect all your nonprofit’s essential financial information, including: Income Expenses Assets Liabilities Details on restrictions This data should ideally already be stored and readily available in your accounting software. Your bookkeeping practices throughout the fiscal year matter.

Liability 111
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10 Tips for Managing Crisis Volunteers in Natural Disasters

Blackbaud

Keep appropriate waivers and liability forms ready for volunteers to sign. Prep a “Go Kit” As volunteers arrive for their assignments, provide them with necessary supplies, such as volunteer ID, maps, special equipment, and contact information for volunteer coordinators. It is best to expect zero cell reception in a disaster zone.

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7 Emerging Trends for 2025: Is Your Nonprofit Prepared?

GrantNews

By expanding liability protection for food donors (many of them businesses) vital In-Kind Support has been provided to critical programs to improve the quality of live to local citizens since January 5, 2023. Upgrade to a MemberPlus+ subscription to view the full grant details, including eligibility criteria and application information.

AI 122
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Nonprofit Financial Statements: An Overview + Top Insights

Pamela Grow

These statements help your organization with day-to-day financial management , are reviewed during audits, and store information in one place to make filing taxes easier. It provides detailed information about your organization’s transactions and how those transactions were used to support your mission. Liabilities. Net assets.

Liability 148