Understanding Nonprofit Financial Statements
Operating revenue includes funds https://namesbluff.com/everything-you-should-know-about-accounting-services-for-nonprofit-organizations/ from donations, ticket sales, product sales, etc. Operating expenses are your employees’ salaries and the amount spent on equipment and supplies. You should look at your Statement of Activities every month and compare to previous periods. Identify trends and changes in sources of revenue, expenses, and changes to net assets. …
