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This document is used to report the actual expenditures of Youth Opportunity Program (YOP) donations against the approved budget categories, due 30 days after the project period concludes.
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How to fill out statement of final expenditures

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How to fill out Statement of Final Expenditures

01
Begin by gathering all relevant financial documents and receipts related to the expenditures.
02
Fill in your organization's name and the project title at the top of the form.
03
Enter the reporting period for the expenditures in the designated field.
04
List all expenditures in the designated sections, categorizing them as required (e.g., materials, labor, travel).
05
For each expenditure, provide a brief description, including the date, amount spent, and purpose.
06
Make sure to include any matching funds or other contributions if applicable.
07
Review the totals at the bottom of each expenditure category to ensure accuracy.
08
Sign and date the statement to certify its correctness.

Who needs Statement of Final Expenditures?

01
Organizations receiving grant funds to account for their spending.
02
Program managers who need to report financial outcomes to funding bodies.
03
Non-profits and charities that must comply with regulatory financial reporting requirements.
04
Any entity that needs to demonstrate the use of funds for project accountability.
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The Statement of Final Expenditures is a financial document that summarizes all expenses incurred during a project or grant period, typically submitted at the end of the funding cycle.
Organizations or individuals who have received funding from a grant or contract are required to file a Statement of Final Expenditures to account for how the funds were spent.
To fill out the Statement of Final Expenditures, gather all financial records related to the project, categorize expenses, complete the required sections of the form, and ensure accuracy before submission.
The purpose of the Statement of Final Expenditures is to provide funding agencies with a detailed account of how grant funds were utilized, ensuring transparency and accountability.
The information that must be reported includes total expenditures, categories of expenses (e.g., personnel, supplies, travel), income generated, and any unspent funds.
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