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What is included in a treasurer's report for a nonprofit association?
Wiki User
∙ 13y ago
Your governing documents define the reporting requirements for the treasurer.
For example, your association's reporting requirements may indicate that quarterly, the treasurer reports the status of funds received and spent versus the budget; totals of any delinquencies, balances in the reserve accounts.
Wiki User
∙ 13y ago
A treasurer's report for a nonprofit association typically includes financial statements such as an income statement and balance sheet, showing the organization's revenue, expenses, assets, and liabilities. It may also include a summary of the organization's cash flow, a breakdown of income sources, and a comparison of budgeted versus actual financial performance. Additionally, the report may highlight any significant financial transactions, investments, or financial risks the organization is facing.
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Yes there is software that will allow you to perform nonprofit financial analysis. It's called ProfitCents and can be found at www.profitcents.com. The ProfitCents for Nonprofits report is designed to analyze nonprofit organizations. Included in the report is narrative text, graphs, ratio analysis, and peer comparisons. Accountants use this report for presentations to nonprofit managers, board members, or leaders who understand how to run an NPO, but who may not understand financial analysis or how it applies to an NPO.
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