Calendar, Contract and Liability - Grants & Fundraising Brief

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Calendar

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Liability

How to create your new nonprofit’s first budget

Get Fully Funded

MARCH 20, 2023

Mark off a couple of blocks of time on your calendar to research things like supplies, materials, and equipment online or call local vendors to find out what things cost. Since your nonprofit is new, you don’t have historical numbers to look at and base your projections on. Miscellaneous revenue (interest income, etc.)

Budget

Budget Finance Software Liability

Statement of Activities (SOA): A Nonprofit’s Income Statement Equivalent

Blackbaud

SEPTEMBER 7, 2024

Contract Services: Expenses related to payments for services provided by contractors who are not on the regular payroll. Financial Statement Purpose Statement of Financial Position A snapshot of a nonprofit’s assets, liabilities, and net assets at a given point in time, showing its overall financial health.

Professional Services

Professional Services Funding Donation Liability

How to create your new nonprofit’s first budget

Statement of Activities (SOA): A Nonprofit’s Income Statement Equivalent

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