{"id":28790,"date":"2025-03-18T09:00:00","date_gmt":"2025-03-18T13:00:00","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=28790"},"modified":"2025-04-03T12:59:27","modified_gmt":"2025-04-03T16:59:27","slug":"non-profit-statement-of-activities","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/non-profit-statement-of-activities\/","title":{"rendered":"Nonprofit statement of activities explained (with examples)"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\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-us\/blog\/category\/strategy-legal-operations\/\" class=\"entry-header__link\">Strategy, Legal &amp; Operations<\/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\tNonprofit statement of activities 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\t\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 \"><time class=\"entry-date published\" datetime=\"2025-03-18T09:00:00-04:00\">March 18, 2025<\/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=\"Nonprofit statement of activities explained (with examples)\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/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<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-us\/blog\/author\/yassirmalik\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2024\/03\/Yassir-Malik.jpg\" class=\"entry-author__image\" alt=\"yassir-malik-profile-picture\" \/>\t\t\t\t<span class=\"entry-author__name\">Yassir Malik<\/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>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>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>One of the key documents to help you make that call is the statement of activities.<\/p>\n\n\n\n<p>It lists crucial <a href=\"https:\/\/www.sage.com\/en-us\/blog\/financial-kpis-for-nonprofits-to-track\/\">financial KPIs<\/a> for a specific period, such as revenue, expenses and overall financial performance. You could say it\u2019s really a nonprofit income statement.<\/p>\n\n\n\n<p>In this article, we\u2019ll elaborate on the purpose of the statement of activities, describe how it\u2019s structured, and explain why it\u2019s so important for transparency and planning.<\/p>\n\n\n\n<p>Here&#8217;s what we&#8217;ll cover:<\/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><li><a href=\"#h-when-and-where-do-nonprofits-publish-the-statement-of-activities\" data-level=\"2\">When and where do nonprofits publish the statement of activities?<\/a><\/li><li><a href=\"#h-nonprofit-statement-of-activities-example\" data-level=\"2\">Nonprofit statement of activities example<\/a><\/li><li><a href=\"#h-nonprofit-statement-of-activities-template\" data-level=\"2\">Nonprofit statement of activities template<\/a><\/li><li><a href=\"#h-manage-your-nonprofit-financial-statements-with-ease\" data-level=\"2\">Manage your nonprofit financial statements with ease<\/a><\/li><\/ul><\/div>\n\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">The Nonprofit Finance Team Survival Guide<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p class=\"\">Find out what it takes for nonprofit finance teams to not only survive but thrive with our Ebook survival guide. <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-us\/cp\/ebook-the-nonprofit-finance-team-survival-guide-nfp\/\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\tid=\"cta-id-19354\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tdata-button-location=\"cta_box\"\n\t\t\t\t\t\t\t\t\t\t\t>Download now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1097994958-1440x810.jpg\" class=\"single-cta__image\" alt=\"Woman listening with rapt attention\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1097994958-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/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>A statement of activities is a financial document nonprofits use to report performance over a defined period.<\/p>\n\n\n\n<p>It details how your organization\u2019s resources have changed, covering funds raised, expenses paid, and the resulting net change in assets.<\/p>\n\n\n\n<p>It parallels the income statement used by for-profit businesses, but tracking how well you\u2019ve fulfilled your mission, rather than focusing on profit.<\/p>\n\n\n\n<p>Although there are similarities in profit-and-loss elements, nonprofits must follow different rules and reporting structures.<\/p>\n\n\n\n<p>For example, nonprofits record incoming funds only after meeting donor conditions, while for-profit companies can recognize revenue as soon as a sale is complete.<\/p>\n\n\n\n<p>Nonprofit expenses also tend to vary according to each program\u2019s purpose.<\/p>\n\n\n\n<p>For instance, an environmental conservation mission could include forestry, wildlife preservation, or educational initiatives.<\/p>\n\n\n\n<p>By contrast, for-profit organizations can often categorize 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>Just as an income statement has several standard components that outline a for-profit organization&#8217;s financial health, a nonprofit\u2019s statement of activities tracks revenue, expenses, and net assets to show your organization\u2019s overall position.<\/p>\n\n\n\n<p>Here\u2019s what each category includes:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-revenue-reporting\"><strong>1. Revenue reporting<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/h3>\n\n\n\n<p>Chances are you receive multiple revenue streams.<\/p>\n\n\n\n<p>If that\u2019s 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>The standard categories of revenue sources are:<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-donations\"><strong>Donations<\/strong><\/h4>\n\n\n\n<p>Private contributions in cash from individuals or organizations.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-in-kind-donations\"><strong>In-kind donations<\/strong><\/h4>\n\n\n\n<p>Non-cash gifts such as materials, venues or volunteer labor in support of your campaigns and operations.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-grants\"><strong>Grants<\/strong><\/h4>\n\n\n\n<p>Funds awarded by governments, foundations, or corporations. Often for specific programs.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-program-service-revenue\"><strong>Program service revenue<\/strong><\/h4>\n\n\n\n<p>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\" id=\"h-membership-dues\"><strong>Membership dues<\/strong><\/h4>\n\n\n\n<p>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\" id=\"h-investment-income\"><strong>Investment income<\/strong><\/h4>\n\n\n\n<p>Earnings from surplus capital invested by your organization.<\/p>\n\n\n\n<p>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>These conditions determine how each category of funds can be used, helping stakeholders see whether resources are aligned with donor intentions and organizational goals.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-expense-categorization\"><strong>2. Expense categorization<\/strong><\/h3>\n\n\n\n<p>Some aspects are not just helpful, but a legal requirement.<\/p>\n\n\n\n<p>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>By \u201cfunction\u201d they mean the reason any expenses were incurred, such as management fees, or the costs of providing program services and fundraising activities.<\/p>\n\n\n\n<p>This functional categorization highlights how resources support the mission, and lets donors gauge whether spending is within reasonable limits.<\/p>\n\n\n\n<p>For example, donors often check how much is spent on program services compared to administrative or fundraising activities to ensure their contributions are being used effectively.<\/p>\n\n\n\n<p>A clear breakdown of expenses also helps demonstrate your organization\u2019s efficiency and commitment to mission-driven activities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-change-in-net-assets\"><strong>3. Change in net assets<\/strong><\/h3>\n\n\n\n<p>The difference between total revenue and total expenses is known as the change in net assets.<\/p>\n\n\n\n<p>A surplus points to growth potential and the capacity to expand or improve programs, while a deficit suggests the need to adjust spending, boost fundraising, or explore new revenue streams.<\/p>\n\n\n\n<p>The final figure offers a snapshot of your nonprofit\u2019s 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>The primary purpose of the statement of activities is to satisfy regulatory requirements, such as <a href=\"https:\/\/www.sage.com\/en-us\/blog\/a-guide-to-generally-accepted-accounting-principles-gaap\/\">Generally Accepted Accounting Principles (GAAP)<\/a> and <a href=\"https:\/\/www.sage.com\/en-us\/blog\/tips-and-tricks-for-streamlining-nonprofit-form-990-reporting\/\">Form 990<\/a> for the IRS.<\/p>\n\n\n\n<p>However, the benefits of being transparent in your financial activities go much deeper.<\/p>\n\n\n\n<p>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>Donors gain confidence in knowing their contributions have made a meaningful impact, which encourages continued or increased support.<\/p>\n\n\n\n<p>And internally, by analyzing revenue sources and spending patterns you can identify which programs are thriving, which areas need more funding, and where you have inefficiencies.<\/p>\n\n\n\n<p>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>Ultimately, the statement of activities affirms your organization\u2019s 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\" id=\"h-when-and-where-do-nonprofits-publish-the-statement-of-activities\"><strong>When and where do nonprofits publish the statement of activities?<\/strong><\/h2>\n\n\n\n<p>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>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>&nbsp;This gives you and your stakeholders time to spot discrepancies and correct errors if necessary.<\/p>\n\n\n\n<p>Although both documents hold a lot of the same information, the statement of activities <a href=\"https:\/\/www.sage.com\/en-us\/blog\/sharing-nonprofit-financial-information-with-any-audience\/\">presents nonprofit financial data<\/a> in a format suitable for internal management and stakeholders.<\/p>\n\n\n\n<p>Form 990 does not have to adhere to GAAP standards and contains additional information which, while relevant to the IRS, may be confusing for many of your stakeholders.<\/p>\n\n\n\n<p><strong>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.<\/strong><\/p>\n\n\n\n<p>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 organizations you depend on.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-nonprofit-statement-of-activities-example\"><strong>Nonprofit statement of activities example<\/strong><\/h2>\n\n\n\n<p>The largest nonprofits in the US can accumulate annual contributions totaling billions of dollars, but the statement of activities breaks the figure down into just a few lines.<\/p>\n\n\n\n<p>Here is an example from <a href=\"https:\/\/www.feedingamerica.org\/sites\/default\/files\/2023-12\/Feeding%20America_23_FS_Final.pdf\">Feeding America<\/a>:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-statement-of-activities-nonprofit-example-feeding-america\"><strong>Statement of activities, nonprofit example: Feeding America<\/strong><\/h3>\n\n\n\n<p>Let\u2019s extract key datapoints from the document (<em>Note: Figures are in thousands of dollars<\/em>):<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-1-how-much-revenue-did-they-attract-in-2023\">1. <strong>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><strong>&nbsp;<\/strong><\/td><td colspan=\"3\"><strong>2023<\/strong><\/td><\/tr><tr><td><strong>&nbsp;<\/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 ($)<\/strong><\/td><td>4,791,515<\/td><td>116,491<\/td><td>4,908,006<\/td><\/tr><tr><td><strong>Total public support and revenue<\/strong> <strong>($)<\/strong><\/td><td>5,141,173<\/td><td>13,087<\/td><td>5,154,260<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>It\u2019s 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>The two figures gave a combined total of US$5.154 billion in 2023.<\/p>\n\n\n\n<p>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>It was a similar story in 2022, when public support accounted for 96.5% of the US$4.479 billion total that year:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>&nbsp;<\/strong><\/td><td colspan=\"3\"><strong>2022<\/strong><\/td><\/tr><tr><td><strong>&nbsp;<\/strong><\/td><td><strong>Without Donor Restrictions<\/strong><\/td><td><strong>With Donor Restrictions<\/strong><\/td><td><strong>Total<\/strong><\/td><\/tr><tr><td><strong>Total public support<\/strong> <strong>($)<\/strong><\/td><td>4,186,398<\/td><td>137,274<\/td><td>4,323,663<\/td><\/tr><tr><td><strong>Total public support and revenue<\/strong> <strong>($)<\/strong><\/td><td>4,478,026<\/td><td>1,664<\/td><td>4,479,690<br><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-2-where-did-the-funds-come-from\">2. <strong>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 rowspan=\"2\">&nbsp;<\/td><td>&nbsp;<\/td><td><strong>2023<\/strong><strong><\/strong><\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>2022<\/td><\/tr><tr><td><strong>Without Donor<\/strong><strong><\/strong> <strong>Restrictions<\/strong><strong><\/strong><\/td><td><strong>With Donor<\/strong><strong><\/strong> <strong>Restrictions<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>Total<\/strong><strong><\/strong><\/td><td>Without Donor Restrictions<\/td><td>With Donor Restrictions&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total<\/td><\/tr><tr><td>Operating activities:<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Public support and revenue:<\/p>\n\n\n\n<p>&nbsp;Public support:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>Individual contributions<\/td><td><strong>$149,969<\/strong><strong><\/strong><\/td><td><strong>$29,852<\/strong><strong><\/strong><\/td><td><strong>$179,821<\/strong><strong><\/strong><\/td><td>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 160,298<\/td><td>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50,862<\/td><td>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 211,160<\/td><\/tr><tr><td>Corporate contributions<\/td><td><strong>74,348<\/strong><strong><\/strong><\/td><td><strong>62,775<\/strong><strong><\/strong><\/td><td><strong>137,123<\/strong><strong><\/strong><\/td><td>66,008<\/td><td>57,965<\/td><td>123,973<\/td><\/tr><tr><td>Foundations<\/td><td><strong>785<\/strong><strong><\/strong><\/td><td><strong>5,672<\/strong><strong><\/strong><\/td><td><strong>6,457<\/strong><strong><\/strong><\/td><td>1,740<\/td><td>1,227<\/td><td>2,967<\/td><\/tr><tr><td>Corporate promotions<\/td><td><strong>36,816<\/strong><strong><\/strong><\/td><td><strong>18,192<\/strong><strong><\/strong><\/td><td><strong>55,008<\/strong><strong><\/strong><\/td><td>34,903<\/td><td>27,220<\/td><td>62,123<\/td><\/tr><tr><td><strong>Total fundraising<\/strong><strong><\/strong><\/td><td><strong>261,918<\/strong><strong><\/strong><\/td><td><strong>116,491<\/strong><strong><\/strong><\/td><td><strong>378,409<\/strong><strong><\/strong><\/td><td>262,949<\/td><td>137,274<\/td><td>400,223<\/td><\/tr><tr><td>&nbsp; Donated goods and services<\/td><td>&nbsp; <strong>4,529,597<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>&#8211;<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>4,529,597<\/strong><strong><\/strong><\/td><td>&nbsp; 3,923,440<\/td><td>&nbsp; &#8211;<\/td><td>&nbsp; 3,923,440<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Breaking down the US$4.9 billion total for public support, we learn that:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The largest item was \u201cdonated goods and services\u201d (US$4.5 billion).<\/li>\n\n\n\n<li>None of the donated goods were subject to restrictions.<\/li>\n<\/ul>\n\n\n\n<p>This is because Feeding America\u2019s 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>The organization 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\" id=\"h-3-wasn-t-total-income-us-5-154-billion\">3. <strong>Wasn\u2019t total income US$5.154 billion?<\/strong><\/h4>\n\n\n\n<p>Yes!<\/p>\n\n\n\n<p>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><strong>Total public<\/strong><strong><\/strong> <strong>support<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>4,791,515<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>116,491<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>4,908,006<\/strong><strong><\/strong><\/td><td>&nbsp; 4,186,389<\/td><td>&nbsp; 137,274<\/td><td>&nbsp; 4,323,663<\/td><\/tr><tr><td>&nbsp; Revenue: Food procurement revenue<\/td><td>&nbsp; &nbsp; <strong>235,106<\/strong><strong><\/strong><\/td><td>&nbsp; &nbsp; <strong>&#8211;<\/strong><strong><\/strong><\/td><td>&nbsp; &nbsp; <strong>235,106<\/strong><strong><\/strong><\/td><td>&nbsp; &nbsp; 147,074<\/td><td>&nbsp; &nbsp; &#8211;<\/td><td>&nbsp; &nbsp; 147,074<\/td><\/tr><tr><td>Member fees<\/td><td><strong>4,926<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>4,926<\/strong><strong><\/strong><\/td><td>5,285<\/td><td>&#8211;<\/td><td>5,285<\/td><\/tr><tr><td>Conference fees<\/td><td><strong>1,153<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>1,153<\/strong><strong><\/strong><\/td><td>391<\/td><td>&#8211;<\/td><td>391<\/td><\/tr><tr><td>Other revenue<\/td><td><strong>2,135<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>2,135<\/strong><strong><\/strong><\/td><td>3,274<\/td><td>&#8211;<\/td><td>3,274<\/td><\/tr><tr><td>Investment income Net assets released from<\/td><td><strong>2,934<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>2,934<\/strong><strong><\/strong><\/td><td>&#8211;<\/td><td>3<\/td><td>3<\/td><\/tr><tr><td>restrictions<\/td><td><strong>103,404<\/strong><strong><\/strong><\/td><td><strong>(103,404)<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td>135,613<\/td><td>(135,613)<\/td><td>&#8211;<\/td><\/tr><tr><td><strong>Total public support<\/strong><strong><\/strong> <strong>and revenue<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>5,141,173<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>13,087<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>5,154,260<\/strong><strong><\/strong><\/td><td>&nbsp; 4,478,026<\/td><td>&nbsp; 1,664<\/td><td>&nbsp; 4,479,690<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Starting from total public support of US$4.908 billion:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>We can add approximately US$235 million from food procurement revenue (possibly resale of high-quality donated items).<\/li>\n\n\n\n<li>Then there\u2019s roughly US$11.2 million from membership fees, conference fees and investments.<\/li>\n\n\n\n<li>The US$103 million in \u201cnet assets released from restrictions\u201d doesn\u2019t appear in total revenue because it\u2019s already part of the US$4.908 billion total public support.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-4-so-where-did-that-leave-feeding-america-at-the-end-of-the-period\">4. <strong>So where did that leave Feeding America at the end of the period?<\/strong><\/h4>\n\n\n\n<p>Expenses:<\/p>\n\n\n\n<p>Program services:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>Member services<\/td><td><strong>133,368<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>133,368<\/strong><strong><\/strong><\/td><td>120,570<\/td><td>&#8211;<\/td><td>120,570<\/td><\/tr><tr><td>Food procurement<\/td><td><strong>4,745,873<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>4,745,873<\/strong><strong><\/strong><\/td><td>4,058,661<\/td><td>&#8211;<\/td><td>4,058,661<\/td><\/tr><tr><td>Public awareness and education<\/td><td><strong>110,153<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>110,153<\/strong><strong><\/strong><\/td><td>112,703<\/td><td>&#8211;<\/td><td>112,703<\/td><\/tr><tr><td>Policy and advocacy<\/td><td><strong>17,632<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>17,632<\/strong><strong><\/strong><\/td><td>15,950<\/td><td>&#8211;<\/td><td>15,950<\/td><\/tr><tr><td>Programs<\/td><td><strong>56,813<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>56,813<\/strong><strong><\/strong><\/td><td>48,488<\/td><td>&#8211;<\/td><td>48,488<\/td><\/tr><tr><td>Research and analysis<\/td><td><strong>24,624<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>24,624<\/strong><strong><\/strong><\/td><td>12,669<\/td><td>&#8211;<\/td><td>12,669<\/td><\/tr><tr><td><strong>Total program<\/strong><strong><\/strong> <strong>services<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>5,088,463<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>&#8211;<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>5,088,463<\/strong><strong><\/strong><\/td><td>&nbsp; 4,369,041<\/td><td>&nbsp; &#8211;<\/td><td>&nbsp; 4,369,041<\/td><\/tr><tr><td>&nbsp; Supporting services:<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Management and general<\/td><td><strong>24,416<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>24,416<\/strong><strong><\/strong><\/td><td>17,143<\/td><td>&#8211;<\/td><td>17,143<\/td><\/tr><tr><td>Fund development<\/td><td><strong>64,207<\/strong><strong><\/strong><\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>64,207<\/strong><strong><\/strong><\/td><td>64,885<\/td><td>&#8211;<\/td><td>64,885<\/td><\/tr><tr><td><strong>Total supporting<\/strong><strong><\/strong> <strong>services<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>88,623<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>&#8211;<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>88,623<\/strong><strong><\/strong><\/td><td>&nbsp; 82,028<\/td><td>&nbsp; &#8211;<\/td><td>&nbsp; 82,028<\/td><\/tr><tr><td>&nbsp; <strong>Total expenses<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>5,177,086<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>&#8211;<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>5,177,086<\/strong><strong><\/strong><\/td><td>&nbsp; 4,451,069<\/td><td>&nbsp; &#8211;<\/td><td>&nbsp; 4,451,069<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Working against total income were Feeding America\u2019s various outgoings.<\/p>\n\n\n\n<p>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>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>&nbsp; <strong>Increase (decrease)<\/strong><strong><\/strong><\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td><strong>in net assets before<\/strong><strong><\/strong><\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td><strong>nonoperating<\/strong> <strong>activities<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>(35,913)<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>13,087<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>(22,826)<\/strong><strong><\/strong><\/td><td>&nbsp; 26,957<\/td><td>&nbsp; 1,664<\/td><td>&nbsp; 28,621<\/td><\/tr><tr><td>&nbsp; Nonoperating activities:<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Wills and bequests<\/td><td><strong>4,197<\/strong><strong><\/strong><\/td><td><strong>530<\/strong><strong><\/strong><\/td><td><strong>4,727<\/strong><strong><\/strong><\/td><td>5,371<\/td><td>197<\/td><td>5,568<\/td><\/tr><tr><td>Individual contributions<\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>228<\/strong><strong><\/strong><\/td><td><strong>228<\/strong><strong><\/strong><\/td><td>&#8211;<\/td><td>95<\/td><td>95<\/td><\/tr><tr><td>Investment return (loss)<\/td><td><strong>3,459<\/strong><strong><\/strong><\/td><td><strong>148<\/strong><strong><\/strong><\/td><td><strong>3,607<\/strong><strong><\/strong><\/td><td>(8,411)<\/td><td>(384)<\/td><td>(8,795)<\/td><\/tr><tr><td>Other<\/td><td><strong>&#8211;<\/strong><strong><\/strong><\/td><td><strong>(197)<\/strong><strong><\/strong><\/td><td><strong>(197)<\/strong><strong><\/strong><\/td><td>&#8211;<\/td><td>(12,205)<\/td><td>(12,205)<\/td><\/tr><tr><td>&nbsp;<\/td><td><strong>7,656<\/strong><strong><\/strong><\/td><td><strong>709<\/strong><strong><\/strong><\/td><td><strong>8,365<\/strong><strong><\/strong><\/td><td>(3,040)<\/td><td>(12,297)<\/td><td>(15,337)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The US$22.8 million deficit was eased by US$8.4 million in non-operating income such as bequests and dividends<\/li>\n\n\n\n<li>The organization now has a US$14 million loss to cover.<\/li>\n<\/ul>\n\n\n\n<p>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><strong>Increase (decrease) in net assets<\/strong><strong><\/strong><\/td><td>&nbsp; &nbsp; <strong>(28,257)<\/strong><strong><\/strong><\/td><td>&nbsp; &nbsp; <strong>13,796<\/strong><strong><\/strong><\/td><td>&nbsp; &nbsp; <strong>(14,461)<\/strong><strong><\/strong><\/td><td>&nbsp; &nbsp; 23,917<\/td><td>&nbsp; &nbsp; (10,633)<\/td><td>&nbsp; &nbsp; 13,284<\/td><\/tr><tr><td>&nbsp; Net assets\u2014beginning of year<\/td><td>&nbsp; <strong>394,662<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>183,699<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>578,361<\/strong><strong><\/strong><\/td><td>&nbsp; 370,745<\/td><td>&nbsp; 194,332<\/td><td>&nbsp; 565,077<\/td><\/tr><tr><td>&nbsp; Net assets\u2014end of year<\/td><td>&nbsp; <strong>$366,405<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>$197,495<\/strong><strong><\/strong><\/td><td>&nbsp; <strong>$563,900<\/strong><strong><\/strong><\/td><td>&nbsp; $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 394,662<\/td><td>&nbsp; $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 183,699<\/td><td>&nbsp; $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 578,361<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">The Nonprofit Finance Team Survival Guide<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p class=\"\">Find out what it takes for nonprofit finance teams to not only survive but thrive with our Ebook survival guide. <\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-us\/cp\/ebook-the-nonprofit-finance-team-survival-guide-nfp\/\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\tid=\"cta-id-19354\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tdata-button-location=\"cta_box\"\n\t\t\t\t\t\t\t\t\t\t\t>Download now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1097994958-1440x810.jpg\" class=\"single-cta__image\" alt=\"Woman listening with rapt attention\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1097994958-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-nonprofit-statement-of-activities-template\"><strong>Nonprofit statement of activities template<\/strong><\/h2>\n\n\n\n<p>Of course, not every nonprofit relies so heavily on donated goods or in-kind donations.<\/p>\n\n\n\n<p>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>Commercially available <a href=\"https:\/\/www.sage.com\/en-us\/accounting-software\/\">accounting software<\/a> 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>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>&nbsp;<\/td><td colspan=\"3\"><strong>Current Year<\/strong><\/td><td colspan=\"3\"><strong>Previous Year<\/strong><\/td><\/tr><tr><td><strong>Revenue and Contributions<\/strong><\/td><td><strong>Unrestricted<\/strong><\/td><td><strong>Restricted<\/strong><\/td><td><strong>Total<\/strong><\/td><td><strong>Unrestricted<\/strong><\/td><td><strong>Restricted<\/strong><\/td><td><strong>Total<\/strong><\/td><\/tr><tr><td>Grants &#8211; Corporate &#8211; Government<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Fundraising<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Membership fees<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Services or goods sold<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Return on investments<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Bequests<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Net assets released from restrictions<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td><strong>Total Revenue<\/strong><\/td><td>$<\/td><td>$<\/td><td>$$<\/td><td>$<\/td><td>$<\/td><td>$$<\/td><\/tr><tr><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td><strong>Expenses<\/strong><\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Program Services SuppliesStaffTransportRentalsAdvertisingUtilities &nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Supporting Services Management and GeneralFundraising &nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td><strong>Total Expenses<\/strong><\/td><td>$<\/td><td>$<\/td><td>$$<\/td><td>$<\/td><td>$<\/td><td>$$<\/td><\/tr><tr><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td><strong>Net Assets<\/strong><\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>Change in Net Assets<\/td><td>$<\/td><td>$<\/td><td>$$<\/td><td>$<\/td><td>$<\/td><td>$$<\/td><\/tr><tr><td>Beginning of year<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>Total 2<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>Total 1<\/td><\/tr><tr><td>End of year<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>Total 3<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>Total 2<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-manage-your-nonprofit-financial-statements-with-ease\"><strong>Manage your nonprofit financial statements with ease<\/strong><\/h2>\n\n\n\n<p>There\u2019s no escaping the task of keeping your financial documentation up to date and trustworthy, but it doesn\u2019t have to be a chore.<\/p>\n\n\n\n<p>With the right tools you can easily draft documents like the statement of activities to professional standards.<\/p>\n\n\n\n<p>Sage Intacct <a href=\"https:\/\/www.sage.com\/en-us\/industry\/nonprofit\/\">nonprofit accounting software<\/a> is ideal to help meet your needs.<\/p>\n\n\n\n<p>Discover how our range of solutions can help you build trust by improving precision and efficiency.<\/p>\n\n\n\n<p>Quality software could be the missing ingredient to make your mission stand out.<\/p>\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to our Sage Advice Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Get our latest business advice delivered directly to your inbox.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-ab515c6e-7e90-4c2f-a67e-113872516e8b\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg\" class=\"single-cta__image\" alt=\"Working from home with tea in hand\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>You probably embarked on your nonprofit journey motivated by social values, but it\u2019s 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","protected":false},"author":1774,"featured_media":20204,"menu_order":0,"comment_status":"open","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,"footnotes":""},"categories":[43,44],"tags":[4,170,299],"business_type":[40,41],"lilypad":[],"context":[],"industry":[58],"persona":[98,96],"imagine_tag":[444,446,233,472,230],"coauthors":[509],"class_list":["post-28790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-matters","category-strategy-legal-operations","tag-business-intelligence","tag-business-strategy","tag-cash-flow","business_type-small-business","business_type-growing-business","industry-nonprofit"],"sage_meta":{"region":"en-us","author_name":"Yassir Malik","featured_image":"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1435005474.jpg","imagine_tags":{"444":"Intacct Medium Business","446":"Intacct Small Business","233":"Medium Businesses","472":"Nonprofit","230":"Small business"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice US","distributor_original_site_url":"https:\/\/www.sage.com\/en-us\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/28790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/users\/1774"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/comments?post=28790"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/28790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media\/20204"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=28790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/categories?post=28790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=28790"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/business_type?post=28790"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/lilypad?post=28790"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/context?post=28790"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/industry?post=28790"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/persona?post=28790"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/imagine_tag?post=28790"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/coauthors?post=28790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}