Chart of accounts

Natural accounts stay ordinary. Donor restrictions live on the fund, so one checking account can hold several promises.

Assets

NumberAccountThis periodBalance
1000

Checking — Harbor Community Bank

Pooled operating cash, tracked by fund on each line.

($17,046.00)$122,094.00
1010

Savings — reserve & endowment

Board reserve and permanent endowment corpus.

$0.00$103,700.00
1100

Pledges receivable

Unconditional promises, recognized when pledged.

$10,000.00$22,400.00
1200

Grants receivable

Awards earned, not yet drawn.

($28,000.00)$0.00
1500

Equipment, net

Furniture and program equipment, net of depreciation.

$0.00$41,200.00

Liabilities

NumberAccountThis periodBalance
2000

Accounts payable

Vendor bills not yet paid.

($6,228.00)$2,412.00
2100

Accrued payroll

Wages earned and not yet paid.

($6,210.00)$0.00
2200

Refundable advances

Conditional grants, recognized when barriers are met.

($15,000.00)$0.00

Net assets

NumberAccountThis periodBalance
3000

Net assets without donor restrictions

Opening equity for unrestricted funds, including board-designated.

$0.00$187,490.00
3100

Net assets with donor restrictions — purpose

Opening equity for purpose-restricted funds.

$0.00$65,900.00
3200

Net assets with donor restrictions — perpetual

Endowment corpus.

$0.00$41,200.00

Support & revenue

NumberAccountThis periodBalance
4000

Contributions — individuals

Unconditional gifts from people.

$1,950.00$1,950.00
4010

Contributions — foundations

Foundation gifts that are not cost-reimbursable grants.

$15,000.00$15,000.00
4020

Contributions — corporations

Corporate giving.

$10,000.00$10,000.00
4030

Contributions — congregations

Gifts from faith communities.

$0.00$0.00
4100

Grants & contracts

Government and institutional awards.

$63,500.00$63,500.00
4200

Program service fees

Fees charged to families for programs.

$5,540.00$5,540.00
4300

In-kind contributions

Donated goods recognized at fair value.

$3,400.00$3,400.00
4400

Investment income

Endowment distributions and interest appropriated to operations.

$620.00$620.00
4500

Gain on disposal of equipment

Proceeds above the book value of equipment sold or scrapped.

$0.00$0.00
4900

Net assets released — in

Restrictions satisfied, landing in an unrestricted fund.

$2,000.00$2,000.00

Expenses

NumberAccountThis periodBalance
4910

Net assets released — out

Restrictions satisfied, leaving a restricted fund. Not a functional expense.

$2,000.00$2,000.00
6000

Salaries — program

Program staff wages.

program
$56,100.00$56,100.00
6010

Salaries — management

Finance, leadership, and operations wages.

management
$11,400.00$11,400.00
6020

Salaries — fundraising

Development wages.

fundraising
$6,600.00$6,600.00
6100

Program supplies & food

Groceries, classroom materials, and program consumables.

program
$4,100.00$4,100.00
6200

Client assistance

Direct aid to households.

program
$3,400.00$3,400.00
6300

Occupancy & utilities

Rent and utilities, allocated across functions.

$13,212.00$13,212.00
6400

Office & administration

Supplies and screening costs for the office.

management
$826.00$826.00
6500

Printing & postage

Appeals and donor mail.

fundraising
$890.00$890.00
6600

Professional fees

Consultants and outside services.

$1,800.00$1,800.00
6700

Scholarships & stipends

Youth stipends paid from restricted funds.

program
$4,500.00$4,500.00
6800

Insurance

Liability and property coverage.

management
$1,180.00$1,180.00
6900

In-kind goods distributed

Distribution of donated goods. Matches in-kind revenue.

program
$3,400.00$3,400.00
6910

Technology

Software used to run the organization.

management
$210.00$210.00
6950

Depreciation

Straight-line depreciation of equipment.

management
$0.00$0.00
6960

Loss on disposal of equipment

Book value above the proceeds of equipment sold or scrapped.

management
$0.00$0.00