Sample Organization Statement of Financial Income and Expense - Jan-Dec 2018 Budget

Sep 13, 2026

Accrual-basis organization income and expense statement for January through December 2018, presenting budgeted figures alongside actual results. The report details raised income broken into individual contributions, corporate contributions, foundation contributions, government contracts, community groups, and in-kind income, then summarizes earned income categories including fees, retail sales, investment gains/losses, and other income. It itemizes direct, indirect, and personnel expense lines, compares totals versus budget, and concludes with net income and variance.

LanguageEnglish

CategoryInvoices

FormatPDF

Pages2

Reading Time1 min

AccessFree to download

Income

Raised Income

Earned Income

Temporarily Restricted Revenue

Expense

Direct Expenses

Indirect Expenses

Personnel Expenses

Net Income

Sample Organization Statement of Financial Income and Expense Accrual Basis January through December 2018 Jan-Dec 18 Budget $ Over Budget % of Budget Income 40000 · Raised Income 40500 · Individual Contributions 205,182 .50 169,775 .76 35,406 .74 120.9% 41000 · Corporate Contributions 41100 · Corporate Grants 248,131.70 173,360.34 74,771.36 143.1% 41200 · Corporate Sponsorships 22,839.88 17,739.88 5,100.00 128.7% 41300 · Corporate Match 7,192.25 5,837.27 1,354.98 123.2% Total 41000 · Corporate Contributions 278,163.83 196,937.49 81,226.34 141.2% 42000 · Foundation Contributions 129,500 .00 121,000 .00 8,500 .00 107.0% 43000 · Government Contracts 43100 · Local Contracts 191,850 .00 213,869 .86 -22,019.86 89.7% 43300 · Federal Contracts 221,499.77 249,970.81 -28,471.04 88.6% Total 43000 · Government Contracts 413,349 .77 463,840 .67 -50,490 .90 89. 1% 44000 · Community Groups 92,444.10 89,450.00 2,994.10 103.3% 45000 · In-Kind Income 50.00 25.00 25.00 200.0% Total 40000 · Raised Income 1,118,690 .20 1,041,028 .92 77,661 .28 107.5% 47000 · Earned Income 47100 · Interest on Loans 10,161 .62 9,779 .02 382.60 103.9% 47200 · Fee for Service Income 10,615 .00 11,750 .00 -1,135 .00 90.3% 47300 · Program Fees 26,798.80 24,669.12 2,129.68 108.6% 47500 · Retail Sales 300,579 .29 300,445 .15 134.14 100.0% 48000 · Interest Income 3,177 .64 1,902 .43 1,275 .21 167.0% 48500 · Gain/(Loss) on Investment 3,554 .44 2,139 .56 1,414 .88 166. 1% 49000 · Other Income 7,707.56 2,805.86 4,901.70 274.7% Total 47000 · Earned Income 362,594 .35 353,491 .14 9,103 .21 102.6% 49900 · Temporarily Restricted Revenue 247,917.00 247,917.00 0.00 100.0% Total Income 1,729,201.55 1,642,437.06 86,764.49 105.3% Gross Profit 1,729,201 .55 1,642,437 .06 86,764 .49 105.3% Expense 60000 · Direct Expenses 60100 · Classroom Space 8,508.02 9,378.02 -870.00 90.7% 60200 · Client Incentives 9,662 .41 7,771 .81 1,890 .60 124.3% 60250 · Credit Pulls 458.78 369.18 89.60 124.3% 60500 · Program Supplies 12,226.91 15,459.41 -3,232.50 79.1% 60600 · Program Travel 9,317.14 5,879.01 3,438.13 158.5% 60800 · Retail Consignment 151,953.63 150,919.92 1,033.71 100.7% 60900 · Retail Damage/Theft 1,660.45 2,327.33 -666.88 71.3% 60950 · Retail Shipping 126.70 357.70 -231.00 35.4% Total 60000 · Direct Expenses 193,914.04 192,462.38 1,451.66 100.8% 70000 · Indirect Expenses 70050 · Advertising 4,043.56 5,039.16 -995.60 80.2% 70100 · Audit 19,891 .25 17,307 .50 2,583 .75 114.9% 70200 · Business Licenses & Permits 228.75 240.00 -11.25 95.3% 70340 · CC Processing Fees 7,671.22 12,285.19 -4,613.97 62.4% 70400 · Contribution to LRF 10,161 .62 9,779 .02 382.60 103.9% 70600 · Equipment Purchases 8,216.86 7,418.12 798.74 110.8% 70900 · Finance Charges & Interest 3,628.71 5,244.96 -1,616.25 69.2% 70950 · Fundraising Events 13,124.32 17,076.81 -3,952.49 76.9% 71000 · Insurance 7,188 .81 9,966 .26 -2,777 .45 72. 1% 71200 · Networking Expense 17,548.84 16,918.71 630.13 103.7% 71300 · Office Expense 7,526.66 6,888.84 637.82 109.3% 71400 · Postage & Packing 1,129.90 524.70 605.20 215.3% 71500 · Printing and Copying 7,674.21 8,049.83 -375.62 95.3% 72000 · Rent 72100 · Rent-Office 39,094 .65 38,805 .03 289.62 100.7% 72200 · Rent-Other 3,444 .00 3,504 .00 -60.00 98.3% 72400 · Rent- Incubator 47,759.21 52,062.82 -4,303.61 91.7% Total 72000 · Rent 90,297 .86 94,371 .85 -4,073 .99 95.7% Jan-Dec 18 Budget $ Over Budget % of Budget 73000 · Repairs & Maintenance 1,095.30 823.41 271.89 133.0% 74100 · Software 16,438 .70 16,337 .81 100.89 100.6% 74200 · State & City Taxes 4,028.39 3,300.84 727.55 122.0% 74500 · Utilities 19,989 .13 20,065 .35 -76.22 99.6% 75000 · Depreciation 3,690.37 75100 · Bad Debt 3,143 .08 3,143 .08 0.00 100.0% 75500 · Miscellaneous Expense 100.00 0.00 100.00 100.0% 75900 · Grant Expense 7,130.00 14,260.00 -7,130.00 50.0

FAQs

What accounting basis and time period does the statement cover?

The statement uses the accrual basis and covers January through December 2018.

How are income categories organized in the report?

Income is grouped into Raised Income, Earned Income, and Temporarily Restricted Revenue, with further sub-lines such as contributions, contracts, fees, and investment-related items.

What major expense groupings are shown, and how is the result calculated?

Expenses are separated into Direct Expenses, Indirect Expenses, and Personnel Expenses. Total Expense is compared to budget, and Net Income is calculated as Income minus Expense, showing the variance versus budget.

Sep 13, 2026

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