Nonprofit revenue generally comes from donations, grants and fundraising. An Income statement shows the funds coming into an organization minus the cost of operating the nonprofit which equals the funds available to continue operation. A cash flow statement shows cash going in and out of the organization. The statement is broken down by operating, investing, and financing activities of the nonprofit. For nonprofits a statement of financial position is used to report its assets and debts. A statement of activities shows a detailed breakdown of the revenues and costs of different programs.

Comment on how you feel this reporting could be a benefit your project.

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