Tag Archives: cost allocation

Helpful Suggestions to Correct Common Errors in Form 990 Functional Expense Reporting

Why is functional expense reporting so important for nonprofit organizations? One good reason is that the IRS is looking at it as a part of their review of your organization’s Form 990. Some of things they may be more specifically … read more >

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Constructing an Effective Cost Allocation Plan

Cost allocation is important because, when it’s done accurately and consistently, it can provide a realistic picture of what expense is required to run a program. Another important function is to assist users of your organization’s financial information to make … read more >

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