Get the free 4-H Annual Financial Statement - OSU Extension Service - Oregon... - cehumboldt ucanr

UC 4H Financial FormAdvance Payment/Funding Please use this form to request for advance payment/funding on behalf of the 4H program in Humboldt and/or Del Norte Counties. Preapproval must be obtained

How to fill out 4-h annual financial statement

How to fill out 4-h annual financial statement

1. Gather all necessary financial records and documents such as bank statements, receipts, and invoices.
2. Start by entering the date of the financial statement at the top of the document.
3. Provide your organization's name, address, and contact information.
4. Fill in the beginning balance for each account, including cash, checking, savings, and any other relevant accounts.
5. Enter all income sources, such as donations, grants, or fundraisers, and specify the amount received for each source.
6. Record all expenses, categorizing them into different categories such as supplies, equipment, wages, or program expenses.
7. Calculate the total income and total expenses for the reporting period.
8. Subtract the total expenses from the total income to calculate the net income or loss for the period.
9. Provide any additional explanations or notes regarding significant financial transactions or changes in the financial statement.
10. Review the completed financial statement for accuracy and make any necessary adjustments.
11. Sign and date the financial statement, and have it approved by the appropriate individuals or board members.
12. Keep a copy of the financial statement for your records and submit the required copies to the appropriate parties.
13. Repeat the process for each reporting period or as required by your organization or regulatory bodies.

Who needs 4-h annual financial statement?

1. Anyone involved with or responsible for the financial management of a 4-H organization needs the annual financial statement.
2. This includes 4-H club leaders, treasurers, board members, and administrators.
3. The financial statement provides a clear overview of the organization's financial health, income, expenses, and any significant financial transactions.
4. It helps in tracking financial activities, budgeting, reporting to regulatory bodies, and making informed decisions.
5. Additionally, the financial statement may be needed for auditing purposes, annual reporting, tax filings, or when applying for grants or funding.

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What is 4-h annual financial statement?

The 4-H annual financial statement is a report that provides a summary of the financial activities and current financial position of a 4-H organization.

Who is required to file 4-h annual financial statement?

All 4-H organizations are required to file an annual financial statement.

How to fill out 4-h annual financial statement?

To fill out the 4-H annual financial statement, the organization must gather all financial information, report income and expenses, and provide a summary of assets and liabilities.

What is the purpose of 4-h annual financial statement?

The purpose of the 4-H annual financial statement is to provide transparency and accountability regarding the financial activities of the organization.

What information must be reported on 4-h annual financial statement?

The 4-H annual financial statement must include details of income, expenses, assets, liabilities, and any other financial transactions of the organization.