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Statement of Functional Expenses

Presented By:

Michael Anderson, CPA, Imperial Tax South Hills


This educational session focuses on the Statement of Functional Expenses, a key financial report used by nonprofits to categorize costs into program services, management and general administration, and fundraising. The report also highlights how an organization allocates its resources to fulfill its mission and enhances transparency for donors and stakeholders. Essential for Form 990s, audits, and financial reviews, the statement can serve as an important indicator of a nonprofit's overall financial health.