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Who would be interested in the financial statements of a non-profit?

Who would be interested in the financial statements of a non-profit?

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Nonprofits are those organizations that are not owned by shareholders and also not intended to earn revenue for distribution. These organizations submit financial statements to government authorities, investors and lenders just like their for-profit counterparts, but the focus of the financial statements is slightly different. The users that include management, lenders, donors, grantors, the public, etc. are interested in the financial statements of a non-profit to see where most of their money is going. If the users notices that most is put towards general and administrative costs, such as employee salaries rather than programs and fund raising, that may result in them donating elsewhere. Lenders want to know that whether the assets cover the debts the organization will take on.

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