The non-profit financial workbook is a financial assessment tool specifically designed for the needs of the non-profit sector. This brief overview will help you understand what the workbook is, how it can help your organizations, and begin to build a collective profile of your sector.
Funding to the nonprofit sector is a complicated patchwork of agreements, grants, contracts, gifts, sales, etc. Each of these has its own set of rules and regulations, definitions and timeframes. Typically non-profit organizations report directly to their various funders using different reporting formats, different time frames, and using different rules. It is no wonder that organization often have little overview of their financial picture.
This workbook provides a structure that allows an organization to view all its programs with the same lense so the organization can determine if the funding received for an activity is supporting the actual cost of that activity and can track if funders are paying their fair share of costs.