Statement of Activities

Statement of activities is just like income statement of a company. Only different is that it is made in NGO. It is vertical report which shows shows all revenue first and then shows all expenses. Difference of revenue of will be calculated. It will be increase in net asset, we will add the net asset at the beginning of year. Total of net asset during the year and net asset at the end of year will be net asset at the end of year.

Statement of Activities Example

Following example of Activities will show you, which items will include in this statement?

Statement of Activities for the year ended by NGO

Revenue

1. Contribution

2. Program revenue

3. Store and parking revenue

-----------------------

Total revenue

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Expenses 

1. Program expenses A

B

C

D

2. Function expenses

3. Fund raising expenses

4. OFFice and management Exp.

______________________

Total expenses

=======================

Excess of income over expenses 

Revenue - Expenses

One question may thing, "Why is statement of activities different from income statement?"

Because one reason is that we can not show capital in NGO, we can only show net asset and any profit will include beginning net asset. If you deeply see above statement of activity, you can find, how was money of donor spend? because revenue shows first and then expenses. It means if we earned 100% from donation. We can find in which expenses, we spent more and in which expenses, we spent less.