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The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

When the line items in your statement of activities match your operating budget, you can make more educated, data-driven projections about the coming fiscal years revenue and expenses. Liabilities. These appear on the statement in order of payment due date, with short-term investments listed above long-term liabilities.

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Protection for Non-profit Educational Institutions

NonProfit PRO

Philadelphia Insurance Companies provides specialized, innovative protection to educational institutions in the non-profit and human services space. PHLY offers separate limits for General Liability, Educators Professional and Cyber Liability, Abuse & Molestation. Learn more. Experience the PHLY difference.

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Protection for Non-profit Educational Institutions

NonProfit PRO

Philadelphia Insurance Companies provides specialized, innovative protection to educational institutions in the non-profit and human services space. PHLY offers separate limits for General Liability, Educators Professional and Cyber Liability, Abuse & Molestation. Learn more. Experience the PHLY difference.

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Do You Have to Pay Taxes on Grant Money?

GrantNews

Grants serve as critical financial aid for individuals and organizations across various sectors, supporting endeavors ranging from education and scientific research to entrepreneurial ventures. Grants used for personal expenses, living expenses, or non-qualified educational expenses may be taxable. Looking for individual grants?

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Nonprofit Financial Statements: An Overview + Top Insights

Pamela Grow

However, program expenses can vary widely—an education-focused nonprofit may include the cost of books and supplies for after-school tutoring in their program expenses, while an animal shelter might incur dog grooming, training, and veterinary expenses. Liabilities. Net assets.

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Reduce Food Waste & Improve Food Insecurity For Americans

GrantNews

The Food Donation Improvement Act reduces liability for donors who make food donations. This bipartisan legislation will reduce food waste and improve food insecurity by encouraging new public and private partnerships by expanding liability protection for food donors. However, there is good news. How, you may ask?

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Nonprofit or LLC: What Distinguishes One from the Other?

GrantNews

As a result, they accomplish tasks like feeding, educating, and sheltering underserved communities. If approved, incorporation as an LLC shields individual company members from personal liability for any debts incurred by the LLC. For more details about LLCs, here is a link to the IRS definition of a Limited Liability Company (LLC).

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