Nonprofit Financial Statements do not include a Profit/Loss Statement which is an important financial statement in the For-profit sector and is important for reflecting how well a business performed during the reported period. If a prospective donor asked you for this information for your nonprofit organization, how would you respond and what Financial Documentation would you use to present your nonprofits "Financial Performance"?

Answer rating: 100% (QA)

Non profit financial statements do not include a profit and loss statement as profit and loss statement is one of the important financial statement in ... View the full answer