Get the free Statement of Fundraising Revenue and Expenses Form 5

Statement of Fundraising Revenue and Expenses Form 5 Elections Act Section 253(1)(b) ? ? ? Due 120 days following event for EDA or registered party, Due 30 days following an event for a Candidate

How to fill out statement of fundraising revenue

How to fill out a statement of fundraising revenue:

1. Start by gathering all necessary documents and information related to your fundraising activities. This includes donation records, grant receipts, event revenue, and any other sources of fundraising income you have.
2. Create a template or find a pre-designed statement of fundraising revenue form that aligns with your organization's requirements or the guidelines of the funding entity.
3. Begin filling out the form by providing your organization's basic information, such as the name, address, contact details, and tax identification number.
4. Enter the reporting period for which you are preparing the statement of fundraising revenue. This usually covers a specific time frame, such as a fiscal year or a quarter.
5. Include a detailed breakdown of each fundraising activity you conducted during the reporting period. This can include but is not limited to, individual donations, grants, sponsorships, fundraising events, online campaigns, or crowdfunding efforts.
6. For each fundraising activity, provide specific details such as the date, description, the amount received, and the source of the funds.
7. Calculate the total revenue generated from each fundraising activity as well as the overall total for the reporting period. Ensure that the numbers add up correctly.
8. If required, add any necessary footnotes or explanations to provide additional context or clarification about the fundraising activities or revenue sources.
9. Double-check all the entries, calculations, and formulas on the form to ensure accuracy and completeness.
10. Finally, review the statement of fundraising revenue form to ensure it meets any specific requirements or guidelines outlined by the funding entity or regulatory bodies before submitting it.

Who needs statement of fundraising revenue?

1. Nonprofit organizations: Nonprofits are often required to provide a statement of fundraising revenue to demonstrate their financial transparency and accountability. This statement helps donors, stakeholders, and regulatory bodies assess the organization's fundraising activities and the sources of their funds.
2. Grant-making organizations: Foundations, government agencies, or other grant-making entities may request a statement of fundraising revenue from nonprofits as part of their grant application or reporting process. They use this information to evaluate the effectiveness of the nonprofit's fundraising efforts and to ensure the funds they provide are being used appropriately.
3. Internal stakeholders: Nonprofit boards, executive directors, and finance teams may also use the statement of fundraising revenue to assess the success of different fundraising strategies and to make informed decisions regarding future fundraising initiatives. It helps them track the organization's financial health and identify areas for improvement or growth in fundraising efforts.

For pdfFiller’s FAQs

What is statement of fundraising revenue?

The statement of fundraising revenue is a financial report that details the funds generated from fundraising activities.

Who is required to file statement of fundraising revenue?

Nonprofit organizations or charities that engage in fundraising activities are required to file the statement of fundraising revenue.

How to fill out statement of fundraising revenue?

The statement of fundraising revenue can be filled out by providing details of the funds raised through various fundraising activities conducted by the organization.

What is the purpose of statement of fundraising revenue?

The purpose of the statement of fundraising revenue is to provide transparency and accountability regarding the funds raised through fundraising activities.

What information must be reported on statement of fundraising revenue?

Information such as the amount of funds raised, sources of funds, fundraising expenses, and allocation of funds must be reported on the statement of fundraising revenue.

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