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What’s the Cost Behind Starting a Nonprofit Organization in 2025?

Grant Writer Team

Your Nonprofit Organization’s Realistic Goal From legal fees and state filing fees to administrative expenses and initial program funding, the costs of starting a nonprofit in 2025 can vary greatly. Insurance: General liability insurance typically costs $500 to $1,500 annually.

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

Blackbaud

While functionally similar, the terminology reflects the unique goals and nature of nonprofit organizations. Additionally, donations may come in the form of professional services or goods, which should also be accounted for. What’s included in a Statement of Activities? Nonprofits may choose to specify the source (e.g.,