Understanding Functional Expenses for Nonprofits
The Charity CFO
JANUARY 5, 2022
For example, “salary” is a straightforward line-item on a for-profit financial report. . To complete your IRS 990, you’ll need to report your expenses based on how they fall within 3 categories, they are: . This may include materials, advertising, salary of program administrators, a portion of your rent, and more.
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