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Action Plan Grantee: Prince Georges County, MD Grant: B11UN240002 LOCKS Authorized Amount: Grant Award Amount: Status: $1,802,242.00 Estimated PI/RL Funds: $2,000,000.00 Total Budget: $ $3,802,242.00
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How to fill out program income nsp1
How to fill out program income NSP1:
01
Start by gathering all necessary financial documents related to the program income. This may include income statements, invoices, receipts, and any other relevant financial records.
02
Review the instructions provided with the NSP1 form to understand the specific requirements for reporting program income.
03
Begin filling out the NSP1 form by providing general information such as the name of the organization, contact information, and the reporting period for the program income.
04
Next, document the sources of program income. This can include grants, contracts, fees, or any other revenue generated through the program.
05
Specify the types of program income received. For example, it could be earned income from the sale of goods or services, interest earned on program funds, or any other revenue sources related to the program.
06
Report the amount of program income received during the reporting period. Be sure to accurately record all income, providing details such as the date received, amount, and source for each income transaction.
07
Deduct any allowable program expenses from the program income. This is important to calculate the net program income, which is the amount remaining after deducting any expenses directly related to generating the income.
08
Provide a detailed explanation or breakdown of any expenses deducted from the program income. This helps to ensure transparency and provides a clear understanding of how the net program income was calculated.
09
Complete any additional sections or requirements specific to your organization or funding source. This may include providing details on the use of program income, submitting supporting documentation, or any other information requested.
Who needs program income NSP1:
01
Non-profit organizations or agencies that receive funding through the Neighborhood Stabilization Program (NSP) may need to fill out program income NSP1.
02
Developers or individuals involved in projects funded by NSP, where program income is generated, are required to report and document it using the NSP1 form.
03
Any organization or entity receiving NSP funds and generating program income should consult their specific grant agreement or funding documents to determine their obligation to fill out the program income NSP1 form.
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What is program income nsp1?
Program income nsp1 refers to the revenue generated as a result of activities funded by the NSP1 program.
Who is required to file program income nsp1?
Recipients of NSP1 funding are required to file program income nsp1.
How to fill out program income nsp1?
Program income nsp1 can be filled out by reporting the details of the income generated from NSP1 activities in the designated form.
What is the purpose of program income nsp1?
The purpose of program income nsp1 is to track and report the revenue generated from NSP1 activities to ensure transparency and accountability.
What information must be reported on program income nsp1?
The information reported on program income nsp1 should include details of the income generated, sources of income, and how the income was utilized.
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