Charities blend nonprofit missions with for-profit strategies for clarity in financial reporting. Understanding the statement of activities helps track net assets in charities. Calculate a charity's ...

Learn why nonprofits prefer unrestricted net assets for maximum operational flexibility and effectiveness in allocating resources to various programs and needs.

Charities and other nonprofit organizations are known best for the charitable causes they serve, but increasingly, they are using strategies and techniques borrowed from the for-profit business world.