{"id":30257,"date":"2026-05-26T17:00:28","date_gmt":"2026-05-26T16:00:28","guid":{"rendered":"https:\/\/www.sage.com\/en-gb\/blog\/?p=30257"},"modified":"2026-05-26T17:00:30","modified_gmt":"2026-05-26T16:00:30","slug":"non-profit-statement-of-activities","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-gb\/blog\/non-profit-statement-of-activities\/","title":{"rendered":"Statement of activities nonprofit explained (with examples)"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--standard entry-header--has-illustration entry-header--has-illustration--standard\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/category\/money-matters\/\" class=\"entry-header__link\">Money Matters<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tStatement of activities nonprofit explained (with examples)\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\tLearn what a statement of activities nonprofit report is, how it differs from an income statement, and why it supports transparency and planning for donors. \t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2026-05-26T17:00:28+01:00\">26 May, 2026<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"Statement of activities nonprofit explained (with examples)\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-gb\/blog\/non-profit-statement-of-activities\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-gb\/blog\/author\/laurencematone\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2026\/03\/Profile_LM-350x350.jpeg\" class=\"entry-author__image\" alt=\"Laurence Matone\" \/>\t\t\t\t<span class=\"entry-author__name\">Laurence Matone<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">You probably embarked on your nonprofit journey motivated by social values, but it&#8217;s crucial to address the financial aspects of these missions as well. One of the most important reports in nonprofit accounting is the statement of activities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nonprofits have a unique way of operating, and nowhere is this more apparent than when you do your financial reporting.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your peers in the for-profit world have no choice but to focus on profit and loss reporting, but for you the prime concern is tracking how effectively resources are being applied to the mission.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One of the key documents to help you make that call is the statement of activities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It lists crucial financial KPIs for a specific period, such as revenue, expenses and overall financial performance. You could say it&#8217;s really a nonprofit income statement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this article, we&#8217;ll elaborate on the purpose of the statement of activities, describe how it&#8217;s structured, and explain why it&#8217;s so important for transparency and planning.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Here&#8217;s what we&#8217;ll cover:<\/strong><\/p>\n\n\n<?xml encoding=\"utf-8\" ?><div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><ul><li><a href=\"#h-what-is-a-statement-of-activities\" data-level=\"2\">What is a statement of activities?<\/a><\/li><li><a href=\"#h-key-features-of-a-nonprofit-statement-of-activities\" data-level=\"2\">Key features of a nonprofit statement of activities<\/a><\/li><li><a href=\"#h-what-the-statement-of-activities-means-for-nonprofits\" data-level=\"2\">What the statement of activities means for nonprofits<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-a-statement-of-activities\"><strong>What is a statement of activities?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"h-what-is-a-statement-of-activities\">A statement of activities is a financial document nonprofits use to report performance over a defined period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It details how your organisation&#8217;s resources have changed, covering funds raised, expenses paid, and the resulting net change in assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It parallels the income statement used by for-profit businesses, but tracking how well you&#8217;ve fulfilled your mission, rather than focusing on profit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although there are similarities in profit-and-loss elements, nonprofits must follow different rules and reporting structures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, nonprofits record incoming funds only after meeting donor conditions, whilst for-profit companies can recognise revenue as soon as a sale is complete.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nonprofit expenses also tend to vary according to each programme&#8217;s purpose.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For instance, an environmental conservation mission could include forestry, wildlife preservation, or educational initiatives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"h-what-is-a-statement-of-activities\">By contrast, for-profit organisations can often categorise expenses in broad buckets like Sales, General and Administrative (SG&amp;A), and Cost of Goods Sold (COGS) across several product lines.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-features-of-a-nonprofit-statement-of-activities\"><strong>Key features of a nonprofit statement of activities<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Just as an income statement has several standard components that outline a for-profit organisation&#8217;s financial health, a nonprofit&#8217;s statement of activities tracks revenue, expenses, and net assets to show your organisation&#8217;s overall position.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here&#8217;s what each category includes:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-revenue-reporting\"><strong>1. Revenue reporting<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Chances are you receive multiple revenue streams.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If that&#8217;s the case, your stakeholders (donors, grantors and regulators) will appreciate being able to see how each of those sources contributes to the mission.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The standard categories of revenue sources are:<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Donations<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Private contributions in cash from individuals or organisations.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>In-kind donations<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Non-cash gifts such as materials, venues or volunteer labour in support of your campaigns and operations.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Grants<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Funds awarded by governments, foundations, or corporations. Often for specific programmes.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Programme service revenue<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Income generated from services aligned with your mission, such as tuition fees, ticket sales or workshop fees.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Membership dues<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Fees paid by your supporters in exchange for privileges, such as newsletters, information, contacts, or access to events.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Investment income<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Earnings from surplus capital invested by your organisation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Separating each stream by source also clarifies whether different donor conditions are applicable (e.g. unrestricted, temporarily restricted, or permanently restricted).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These conditions determine how each category of funds can be used, helping stakeholders see whether resources are aligned with donor intentions and organisational goals.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Expense categorisation<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Some aspects are not just helpful, but a legal requirement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, among the nonprofit reporting standards laid down by the Financial Accounting Standards Board is FASB 117, which calls for a functional classification of expenses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By &#8220;function&#8221; they mean the reason any expenses were incurred, such as management fees, or the costs of providing programme services and fundraising activities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This functional categorisation highlights how resources support the mission, and lets donors gauge whether spending is within reasonable limits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, donors often check how much is spent on programme services compared to administrative or fundraising activities to ensure their contributions are being used effectively.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A clear breakdown of expenses also helps demonstrate your organisation&#8217;s efficiency and commitment to mission-driven activities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. Change in net assets<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The difference between total revenue and total expenses is known as the change in net assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A surplus points to growth potential and the capacity to expand or improve programmes, whilst a deficit suggests the need to adjust spending, boost fundraising, or explore new revenue streams.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The final figure offers a snapshot of your nonprofit&#8217;s financial trajectory, guiding decisions for the next reporting period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-the-statement-of-activities-means-for-nonprofits\"><strong>What the statement of activities means for nonprofits<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The primary purpose of the statement of activities is to satisfy regulatory requirements, such as Generally Accepted Accounting Principles (GAAP) and Form 990 for the IRS.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the benefits of being transparent in your financial activities go much deeper.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If donors, grantmakers and regulatory bodies can clearly see how much revenue you generated, where it came from, and how it was spent, that demonstrates responsible financial management, which builds trust.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Donors gain confidence in knowing their contributions have made a meaningful impact, which encourages continued or increased support.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And internally, by analysing revenue sources and spending patterns you can identify which programmes are thriving, which areas need more funding, and where you have inefficiencies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This allows you to mitigate risks and seize opportunities, redirecting funds to the initiatives that most effectively advance your mission.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ultimately, the statement of activities affirms your organisation&#8217;s long-term sustainability, because good planning and financial accountability are a strong basis for attracting new donors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>When and where do nonprofits publish the statement of activities?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Nonprofits are required to file Form 990, with the IRS by the 15th day of the 5th month after the end of their fiscal year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You therefore need to gather the necessary information well before that and publish it in your statement of activities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This gives you and your stakeholders time to spot discrepancies and correct errors if necessary.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although both documents hold a lot of the same information, the statement of activities presents nonprofit financial data in a format suitable for internal management and stakeholders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Form 990 does not have to adhere to GAAP standards and contains additional information which, whilst relevant to the IRS, may be confusing for many of your stakeholders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Failure to file Form 990 on time can result in penalties, and if missed for three consecutive years you will have your nonprofit tax-exempt status revoked.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can publish the statement of activities on your website, in your annual report, or share it directly with your donors and any grant-making organisations you depend on.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Nonprofit statement of activities example<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The largest nonprofits in the US can accumulate annual contributions totalling billions of dollars, but the statement of activities breaks the figure down into just a few lines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here is an example from Feeding America:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Statement of activities, nonprofit example: Feeding America<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Let&#8217;s extract key datapoints from the document (Note: Figures are in thousands of dollars):<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>1. How much revenue did they attract in 2023?<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><td><strong>2023<\/strong><\/td><\/tr><tr><td><\/td><td><strong>Without Donor Restrictions<\/strong><\/td><\/tr><tr><td><strong>Total public support ($)<\/strong><\/td><td>4,791,515<\/td><\/tr><tr><td><strong>Total public support and revenue ($)<\/strong><\/td><td>5,141,173<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">It&#8217;s common for nonprofits to refer to the proceeds of fundraising as revenue, but Feeding America happens to distinguish between income from business activities (revenue) and income from public support (fundraising).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The two figures gave a combined total of US$5.154 billion in 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, it so happens that public support accounted for most of their income, US$4.908 billion, equating to 95% of the total:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It was a similar story in 2022, when public support accounted for 96.5% of the US$4.479 billion total that year:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><td><strong>2022<\/strong><\/td><\/tr><tr><td><\/td><td><strong>Without Donor Restrictions<\/strong><\/td><\/tr><tr><td><strong>Total public support ($)<\/strong><\/td><td>4,186,398<\/td><\/tr><tr><td><strong>Total public support and revenue ($)<\/strong><\/td><td>4,478,026<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>2. Where did the funds come from?<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><td><strong>2023<\/strong><\/td><td><\/td><td><\/td><td><strong>2022<\/strong><\/td><td><\/td><\/tr><tr><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><\/tr><tr><td><strong>Operating activities:<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><strong>Public support and revenue:<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td><strong>Public support:<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Individual contributions<\/td><td>$149,969<\/td><td>$29,852<\/td><td>$179,821<\/td><td>$160,298<\/td><td>$50,862<\/td><\/tr><tr><td>Corporate contributions<\/td><td>74,348<\/td><td>62,775<\/td><td>137,123<\/td><td>66,008<\/td><td>57,965<\/td><\/tr><tr><td>Foundations<\/td><td>785<\/td><td>5,672<\/td><td>6,457<\/td><td>1,740<\/td><td>1,227<\/td><\/tr><tr><td>Corporate promotions<\/td><td>36,816<\/td><td>18,192<\/td><td>55,008<\/td><td>34,903<\/td><td>27,220<\/td><\/tr><tr><td><strong>Total fundraising<\/strong><\/td><td>261,918<\/td><td>116,491<\/td><td>378,409<\/td><td>262,949<\/td><td>137,274<\/td><\/tr><tr><td>Donated goods and services<\/td><td>4,529,597<\/td><td>\u2013<\/td><td>4,529,597<\/td><td>3,923,440<\/td><td>\u2013<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Breaking down the US$4.9 billion total for public support, we learn that:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The largest item was &#8220;donated goods and services&#8221; (US$4.5 billion).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">None of the donated goods were subject to restrictions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is because Feeding America&#8217;s main activity is collecting donated food\u2014and nobody insists on conditions when they place food in a collecting bin!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The organisation carefully logs the types of foods donated and every year conducts a survey of prices so it can calculate the full value.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3. Wasn&#8217;t total income US$5.154 billion?<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Yes!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We still must add the revenue from business activities:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><td><strong>2023<\/strong><\/td><td><\/td><td><\/td><td><strong>2022<\/strong><\/td><td><\/td><\/tr><tr><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><\/tr><tr><td><strong>Total public support<\/strong><\/td><td>4,791,515<\/td><td>116,491<\/td><td>4,908,006<\/td><td>4,186,389<\/td><td>137,274<\/td><\/tr><tr><td><strong>Revenue:<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Food procurement revenue<\/td><td>235,106<\/td><td>\u2013<\/td><td>235,106<\/td><td>147,074<\/td><td>\u2013<\/td><\/tr><tr><td>Member fees<\/td><td>4,926<\/td><td>\u2013<\/td><td>4,926<\/td><td>5,285<\/td><td>\u2013<\/td><\/tr><tr><td>Conference fees<\/td><td>1,153<\/td><td>\u2013<\/td><td>1,153<\/td><td>391<\/td><td>\u2013<\/td><\/tr><tr><td>Other revenue<\/td><td>2,135<\/td><td>\u2013<\/td><td>2,135<\/td><td>3,274<\/td><td>\u2013<\/td><\/tr><tr><td>Investment income<\/td><td>2,934<\/td><td>\u2013<\/td><td>2,934<\/td><td>\u2013<\/td><td>3<\/td><\/tr><tr><td>Net assets released from restrictions<\/td><td>103,404<\/td><td>(103,404)<\/td><td>\u2013<\/td><td>135,613<\/td><td>(135,613)<\/td><\/tr><tr><td><strong>Total public support and revenue<\/strong><\/td><td>5,141,173<\/td><td>13,087<\/td><td>5,154,260<\/td><td>4,478,026<\/td><td>1,664<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Starting from total public support of US$4.908 billion:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We can add approximately US$235 million from food procurement revenue (possibly resale of high-quality donated items).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Then there&#8217;s roughly US$11.2 million from membership fees, conference fees and investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The US$103 million in &#8220;net assets released from restrictions&#8221; doesn&#8217;t appear in total revenue because it&#8217;s already part of the US$4.908 billion total public support.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>4. So where did that leave Feeding America at the end of the period?<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Expenses:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><td><strong>2023<\/strong><\/td><td><\/td><td><\/td><td><strong>2022<\/strong><\/td><td><\/td><\/tr><tr><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><\/tr><tr><td><strong>Program services:<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Member services<\/td><td>133,368<\/td><td>\u2013<\/td><td>133,368<\/td><td>120,570<\/td><td>\u2013<\/td><\/tr><tr><td>Food procurement<\/td><td>4,745,873<\/td><td>\u2013<\/td><td>4,745,873<\/td><td>4,058,661<\/td><td>\u2013<\/td><\/tr><tr><td>Public awareness and education<\/td><td>110,153<\/td><td>\u2013<\/td><td>110,153<\/td><td>112,703<\/td><td>\u2013<\/td><\/tr><tr><td>Policy and advocacy<\/td><td>17,632<\/td><td>\u2013<\/td><td>17,632<\/td><td>15,950<\/td><td>\u2013<\/td><\/tr><tr><td>Programs<\/td><td>56,813<\/td><td>\u2013<\/td><td>56,813<\/td><td>48,488<\/td><td>\u2013<\/td><\/tr><tr><td>Research and analysis<\/td><td>24,624<\/td><td>\u2013<\/td><td>24,624<\/td><td>12,669<\/td><td>\u2013<\/td><\/tr><tr><td><strong>Total program services<\/strong><\/td><td>5,088,463<\/td><td>\u2013<\/td><td>5,088,463<\/td><td>4,369,041<\/td><td>\u2013<\/td><\/tr><tr><td><strong>Supporting services:<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Management and general<\/td><td>24,416<\/td><td>\u2013<\/td><td>24,416<\/td><td>17,143<\/td><td>\u2013<\/td><\/tr><tr><td>Fund development<\/td><td>64,207<\/td><td>\u2013<\/td><td>64,207<\/td><td>64,885<\/td><td>\u2013<\/td><\/tr><tr><td><strong>Total supporting services<\/strong><\/td><td>88,623<\/td><td>\u2013<\/td><td>88,623<\/td><td>82,028<\/td><td>\u2013<\/td><\/tr><tr><td><strong>Total expenses<\/strong><\/td><td>5,177,086<\/td><td>\u2013<\/td><td>5,177,086<\/td><td>4,451,069<\/td><td>\u2013<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Working against total income were Feeding America&#8217;s various outgoings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Total expenses were US$5.177 billion, clearly exceeding our US$5.154 billion total revenue\u2014 US$22.8 million over. Ouch!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But there are still some final adjustments to make:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><td><strong>2023<\/strong><\/td><td><\/td><td><\/td><td><strong>2022<\/strong><\/td><td><\/td><\/tr><tr><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><\/tr><tr><td><strong>Increase (decrease) in net assets before nonoperating activities<\/strong><\/td><td>(35,913)<\/td><td>13,087<\/td><td>(22,826)<\/td><td>26,957<\/td><td>1,664<\/td><\/tr><tr><td><strong>Nonoperating activities:<\/strong><\/td><td><\/td><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><tr><td>Wills and bequests<\/td><td>4,197<\/td><td>530<\/td><td>4,727<\/td><td>5,371<\/td><td>197<\/td><\/tr><tr><td>Individual contributions<\/td><td>\u2013<\/td><td>228<\/td><td>228<\/td><td>\u2013<\/td><td>95<\/td><\/tr><tr><td>Investment return (loss)<\/td><td>3,459<\/td><td>148<\/td><td>3,607<\/td><td>(8,411)<\/td><td>(384)<\/td><\/tr><tr><td>Other<\/td><td>\u2013<\/td><td>(197)<\/td><td>(197)<\/td><td>\u2013<\/td><td>(12,205)<\/td><\/tr><tr><td><\/td><td>7,656<\/td><td>709<\/td><td>8,365<\/td><td>(3,040)<\/td><td>(12,297)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The US$22.8 million deficit was eased by US$8.4 million in non-operating income such as bequests and dividends<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The organisation now has a US$14 million loss to cover.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That figure shows up in the final tally of net assets\u2014now US$564 million, having started the year at US$578 million:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><td><strong>2023<\/strong><\/td><td><\/td><td><\/td><td><strong>2022<\/strong><\/td><td><\/td><\/tr><tr><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><\/tr><tr><td><strong>Increase (decrease) in net assets<\/strong><\/td><td>(28,257)<\/td><td>13,796<\/td><td>(14,461)<\/td><td>23,917<\/td><td>(10,633)<\/td><\/tr><tr><td><strong>Net assets\u2014beginning of year<\/strong><\/td><td>394,662<\/td><td>183,699<\/td><td>578,361<\/td><td>370,745<\/td><td>194,332<\/td><\/tr><tr><td><strong>Net assets\u2014end of year<\/strong><\/td><td>$366,405<\/td><td>$197,495<\/td><td>$563,900<\/td><td>$394,662<\/td><td>$183,699<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Nonprofit statement of activities template<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Of course, not every nonprofit relies so heavily on donated goods or in-kind donations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You may prefer to stick strictly to monetary transactions which can be registered instantly. Why bother with complex value calculations?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Commercially available accounting software offers adjustable templates that you can tailor to the revenue or expense categories that are most relevant to your operation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The following template shows the standard features of a statement of activities and the order in which they appear:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Current Year<\/strong><\/td><td><strong>Previous Year<\/strong><\/td><\/tr><tr><td><strong>Revenue and Contributions<\/strong><\/td><td><strong>Unrestricted<\/strong><\/td><\/tr><tr><td>Grants \u2013 Corporate \u2013 Government<\/td><td><\/td><\/tr><tr><td>Fundraising<\/td><td><\/td><\/tr><tr><td>Membership fees<\/td><td><\/td><\/tr><tr><td>Services or goods sold<\/td><td><\/td><\/tr><tr><td>Return on investments<\/td><td><\/td><\/tr><tr><td>Bequests<\/td><td><\/td><\/tr><tr><td>Net assets released from restrictions<\/td><td><\/td><\/tr><tr><td><strong>Total Revenue<\/strong><\/td><td>\u00a3<\/td><\/tr><tr><td><\/td><td><\/td><\/tr><tr><td><strong>Expenses<\/strong><\/td><td><\/td><\/tr><tr><td>Program Services Supplies Staff Transport Rentals Advertising Utilities<\/td><td><\/td><\/tr><tr><td>Supporting Services Management and General Fundraising<\/td><td><\/td><\/tr><tr><td><strong>Total Expenses<\/strong><\/td><td>\u00a3<\/td><\/tr><tr><td><\/td><td><\/td><\/tr><tr><td><strong>Net Assets<\/strong><\/td><td><\/td><\/tr><tr><td>Change in Net Assets<\/td><td>\u00a3<\/td><\/tr><tr><td>Beginning of year<\/td><td><\/td><\/tr><tr><td>End of year<\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Manage your nonprofit financial statements with ease<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There&#8217;s no escaping the task of keeping your financial documentation up to date and trustworthy, but it doesn&#8217;t have to be a chore.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the right tools you can easily draft documents like the statement of activities to professional standards.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sage Intacct nonprofit accounting software is ideal to help meet your needs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Discover how our range of solutions can help you build trust by improving precision and efficiency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"h-the-nonprofit-finance-team-survival-guide\">Quality software could be the missing ingredient to make your mission stand out.<\/p>\n\n\n\n\n\t\t<div class=\"components-placeholder\">\n\t\t\t<div class=\"components-placeholder__label\">\n\t\t\t\tRelated Posts\t\t\t<\/div>\n\t\t\t<div class=\"components-placeholder__instructions\">\n\t\t\t\tNo related posts found. At least 2 posts with shared taxonomy terms are required.\t\t\t<\/div>\n\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Learn what a statement of activities nonprofit report is, how it differs from an income statement, and why it supports transparency and planning for donors. <\/p>\n","protected":false},"author":1911,"featured_media":16354,"menu_order":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"_pwl_sage_podcast_buzzsprout_src":"","footnotes":""},"categories":[6],"tags":[],"business_type":[],"lilypad":[],"context":[],"industry":[],"persona":[],"imagine_tag":[],"coauthors":[752],"class_list":["post-30257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-matters"],"sage_meta":{"region":"en-gb","author_name":"Laurence Matone","featured_image":"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2023\/09\/GettyImages-1438131355.jpg","imagine_tags":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice UK","distributor_original_site_url":"https:\/\/www.sage.com\/en-gb\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts\/30257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/users\/1911"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/comments?post=30257"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts\/30257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/media\/16354"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/media?parent=30257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/categories?post=30257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/tags?post=30257"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/business_type?post=30257"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/lilypad?post=30257"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/context?post=30257"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/industry?post=30257"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/persona?post=30257"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/imagine_tag?post=30257"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/coauthors?post=30257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}