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Program expenses are associated with the fulfillment of your mission (for example, the cost of supplies for a dance class).ĭownload our financial statement now to get started on your own. Overhead includes management, general, and fundraising expenses (for example, rent and utilities).
Pro forma income statement template word pro#
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Income: Typically, this includes gifts, grants, membership fees, and/or income from fundraising events or investments. Excel Income Statement Template Software 7.0.It can be configured to show total revenue, expenses such as taxes, and gross and net profit.
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When it comes to corporate money management and accounting, an income statement is considered one of the three most commonly used documents. Your financial statement also demonstrates that your nonprofit has spent income from donors, grantors, and other sources as promised and in ways that align with your mission. has a pro forma income statement template that can be used as an example. It is a record of your nonprofit’s income and expenses. Use our free template to create a two-year financial statement for your nonprofit.Ī nonprofit financial statement is fundamental tool.