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The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

Its helpful to organize this section according to the five primary categories of nonprofit revenueindividual donations, corporate philanthropy, earned income, investments, and grants to align with your budget and internal records. Liabilities. Youll typically list these in order of liquidity (i.e., Net assets.

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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. But here’s a big question: Do you have to pay taxes on grant money? We also have sample grants for each category.

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

Grant Writer Team

Insurance: General liability insurance typically costs $500 to $1,500 annually. Grant Writing and Fundraising Consulting: Professional services can cost $2,000 to $10,000 annually, depending on the scope of work. If you are searching for grants but are feeling overwhelmed, hiring a grant writer may be the perfect choice!

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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

Lower liability insurance limits First, the community-based nonprofit sector generally must carry lower limits of liability insurance. Most insurance companies have reinsurance in order to protect their solvency and transfer a portion of their liability to the reinsurer. The answer is fourfold.

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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. For this reason, grant funders are creating nutrition and food assistance grants for nonprofits. You can find these grants listed on GrantWatch and apply for grants as early as today.

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Nonprofit Financial Statements: An Overview + Top Insights

Pamela Grow

Your organization may also bring in revenue from fundraising events, service fees, and grants. Essentially, it shows a snapshot of your organization’s annual financial health by comparing assets and liabilities. Liabilities. This section details your nonprofit’s funding sources and how much revenue you bring in from each source.

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Nonprofit or LLC: What Distinguishes One from the Other?

GrantNews

In addition, GrantWatch has specific categories devoted to business-related grants and a list of thousands of grants for nonprofits. They offer exclusive advantages like management flexibility and access to specific grants and in-kind funding opportunities. In short, they are purpose-driven entities. However, it is possible.

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