Inputs and outputs are usually gathered from the organization’s accounting system or other readily collected data.
When creating the marketing and development section, be mindful of the metrics used to describe activities and success.
Unlike most for-profit companies where success is measured in monetary terms, in a nonprofit, success is achieved if you have sufficient financial resources to carry out your mission and the mission’s objectives are accomplished.
First, what we refer to as the for-profit balance sheet becomes the nonprofit statement of financial position.
Since a nonprofit has no stockholders or investors, the stockholders’ equity section becomes the net assets section.