The 4 Core Nonprofit Financial Statements & Their Insights
Pamela Grow
FEBRUARY 27, 2025
Accountability is at the heart of nonprofit accounting. Because your organization cant turn a profit by definition, the goal of tracking your finances is to demonstrate to donors, funders, the government, and the community that youre using your funding responsibly to further your mission. Financial reporting is critical for accountability, and financial statements are among the most important reports your nonprofit will create each year.
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