Preparing income statement for Non Profit Organization could be confusing. This Non-Profit Organization Statement of Activities Template should help you on inputting your financial transactions into correct categories.
Different from general business, income statement for Non-Profit Organization is defined as Statement of Activities. It follows international accounting name for non business profit.
Public Foundation, NGO, church, masjid/mosque are usually required to present this type of income statement as a format document. Obvious differences you can see that there are two classification of receiving funds where it refers to their spending allocation. Those are WITH DONOR RESTRICTIONS and WITHOUT DONOR RESTRICTIONS.
WITH DONOR RESTRICTIONS is a classification where any transactions are allocated for particular project/program and are not allowed to be used outside those project/program
WITHOUT DONOR RESTRICTIONS is a classification for general use, usually for operational of the organization
If you already organize your financial transactions into those 2 parts, you can map it to one year report using this template.
If you are looking a simple income statement generator that will help you generate monthly and yearly statement of activities report just by filling daily or regular transactions, you can visit its author website to get more information to get one. You can find it inside Non-Profit Organization statement of activities template.
Non Profit Organization Statement of Activities (37.1 KiB, 513 hits)
