Nonprofit Balance Sheet
For any organisation that uses money for various transactions, it is mandatory to have a Balance Sheet. This is an important document that is required to be made by law. It has certain essential features that must be included. A Nonprofit organisation is similarly required to prepare its Balance Sheet to account for the money it has received or generated and the relevant expenses incurred by it during the course of its work.
A Balance Sheet shows the financial health of any organisation on a given date. There can be several different formats for preparing and analysing the Balance Sheet. One should choose a format with careful consideration, as different formats serve slightly different purposes and are meant for different interest groups. Below, we are giving a list of 5+ Nonprofit Balance Sheet Examples & Templates for you to make use of and benefit from them.
1. Non Profit Balance Sheet Example
2. Nonprofit Balance Sheet Standard Template
The above template is a standard Balance Sheet example that can be easily used by any Nonprofit organisation for declaring its assets and liabilities. It is comprehensive, simple and easy to understand. It is free, downloadable and printable as well. It has current assets mentioned before long term assets and similarly, current liabilities mentioned before long term liabilities. This is a very popular listing method which is followed by most of the organisations. Making use of it, will be a good thing for your Nonprofit and you will be aligning with the mainstream method of drawing up a Balance Sheet.
3. General Balance Sheet of Nonprofit
This is another example that a Nonprofit can use to make their Balance Sheet. In this sample, the fixed assets have been mentioned before current assets for a change. This is another way you can make a summary of the assets and liabilities of your Nonprofit.
4. Nonprofit Multiyear Ascending Balance Sheet Sample
This is another format but is for presenting the figures of multiple years in the same Balance Sheet of a Nonprofit. This makes it very easy for anyone to run through the figures and understand the position of the organisation for the last few years. Also, a comparison can be easily made in terms of percentages for two successive years for easy analysis. This is certainly a good sample to chose in case you are about to do some analysis for your organisation. The years are mentioned in increasing order of appearance. It is very comprehensive in its format and will also be preferred by external Financial Analysts who may need them for approving the funding from larger businesses/High Networth Individuals.
5. Nonprofit Balance Sheet Template for Multiyear Descending
This is another sample of the Multiyear format for a Balance Sheet that a Nonprofit can use. This one, however, is in the reverse order of years compared to the previous one. Here, the earliest year is mentioned the last. This is another way of looking at things while analysing the patterns for ratio analysis and financial projections of the Nonprofit. It is also a very popular type of format among Financial Analysts as it makes their work very easy with all the data of different years available on a single sheet of paper and saves them from rummaging through several sheets. This is a freely downloadable document. You can make use of it without any hesitation and will find it very beneficial.
6. Nonprofit Projected Balance Sheet Sample
There are some Nonprofits that are larger than others when it comes to the scale of operations. They have accountability towards different types of commercial organisations and government departments for continued support of donations and grants. For this, they may be required to provide their Balance Sheet figures on a ‘Projected’ basis, meaning the expected future figures at the year-end. They are calculated in advance and accordingly a Balance Sheet is drawn. The above template is an example of that and can be used very effectively to meet this need. It is simple and is freely downloadable.
7. Nonprofit Specialised Balance Sheet Example
This template is for those Nonprofits those are true giants. They have to prepare a Balance Sheet that relates to certain terms, in specific to Nonprofits’ work plans. These terms can be seen in the above templates such as ‘Restricted Net Assets and Unrestricted Net Assets’. These technicalities are understood by experts and are relevant for their study and analysis. The above template is for that purpose and is very easy to understand and implement.
8. Two-Year Comparative Balance Sheet for Nonprofits
This template is for the simplest of comparisons and only two years of data is taken into consideration. Such a template is often used in the internal meetings of the Nonprofit for gauging the immediate performance compared to the previous years’. This template can be used for a Nonprofit for such a purpose and can be extremely handy. It is very simple and yet comprehensive. It is free to download and is printable. Making use of this document will definitely be a plus for you.
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