Understanding Functional Expenses for Nonprofits
The Charity CFO
JANUARY 5, 2022
This may include materials, advertising, salary of program administrators, a portion of your rent, and more. That may include special event costs, advertising, staff salaries, and more. . Reporting functional expenses has been required by Generally Accepted Accounting Principles (GAAP) since 2017, as detailed in ASU 2016-14.
96 
Let's personalize your content