WebThe underlying idea of the SFE is that an efficient non profit is one that minimizes its cost of fund raising and administration. The SFE allows us to compute the ratio of these three expense categories. We might reasonably expect that an organization that spent 80% of its resources on program, 15% on administration and 5% on fund raising would ... WebJan 20, 2024 · When expenses are reported by function, they are being reported by the type of activity being conducted. Examples of income statement line items that are presented …

Reporting expenses by function — AccountingTools

WebSTATEMENT OF FUNCTIONAL EXPENSES For the year ended June 30, 2024 (With comparative total for 2024) Management Development Program and and Community Services General Support 2024 2024 Leased employee expense $ 936,605 $ 93,963 $ 22,997 $ 1,053,565 $ 943,377 Professional fees ... WebFunctional Expenses Statement has three further classifications: Program, Management, and General, and Fundraising. The statement is prepared to clearly understand the allocation of funds by the nonprofit. There are 4 categories for allocation of the expenses: Area, Count Per Person, Time Studies, Direct Cost. justin lee holloway san augustine texas

Telling Your Story with Functional Expense Schedules

WebLevel: Intermediate. $79 - $125. CPE Self-study. Not-for-Profit Accounting and Auditing Update. Online. Level: Update. $0 - $139. This site is brought to you by the Association of … Webprogram support to other sub functions in Schedule 40. For each sub function, the number of driver units is calculated as a percentage of total driver units. The amount allocated to a sub function for one program support area equals the percentage of total driver units’ times the amount to be allocated for that program support area. la union weather forecast