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Are you confused about what the financial statements for your nonprofit are? You will usually see these requested with requests for grant proposals or with grant applications. In this video, I'm breaking down the 4 typical financial statements that every nonprofit should have. Here's the breakdown: 00:00 Introduction 00:53 what is a financial statement 01:53 Statement of financial position 02:57 Statement of activities 04:03 Statement of Functional Expenses 05:30 Statement of Cash Flows Join my channel to get access to get special perks like coupon codes: / @bossonabudget The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the video's topic, or any other legal matter, consult with an attorney or tax professional in your area. If you need help forming your nonprofit idea, The Before You Start Workbook/Nonprofit Business Bundle is here: https://rebrand.ly/nonprofitbundle ★☆★ To set up your nonprofit, download my free checklist: https://rebrand.ly/npchecklist ★☆★ ★☆★ For step-by-step guidance on starting a nonprofit, check out my nonprofit startup workbook: https://rebrand.ly/npstartupworkbook ★☆★ ★☆★ Subscribe to my Channel: ★☆★ https://bit.ly/38xUFru ★☆★ VISIT MY WEBSITE ★☆★ https://www.bossonabudget.com ★☆★ VISIT MY GRANT WRITING SUPPORT GROUP ON FACEBOOK ★☆★ / grantwritingsupport ★☆★ READ MY BLOG ★☆★ https://www.bossonabudget.com/blog-1 ★☆★ FREE RESOURCES FOR YOUR NONPROFIT ★☆★ https://www.bossonabudget.com/freeres...