Impact 100 - Finance 101 for Non-Profits Deck - Page 12

Understanding a Statement of Financial Position or Balance Sheet

• Balance Sheet – a balance sheet is the Assets against the Liabilities and Equity of your non-profit

• Assets = what you own or control

• Cash ( Checking or Savings Accounts )

• Accounts Receivable ( Donor receivables / Grant receivables )

• Inventory

• Buildings , Furniture , Equipment