Create Your Billing Statement Template for NPOs Effortlessly

Billing statement template for NPOs

hello this is the columbia college chicago library and today we're going to look at how to find nonprofit organizations financial reports one way to do that is to look on the web for the irs 990 form and you can put in the name of the organization along with irs 990 and there are sites such as guidestar that will provide access to at least some of that information today what we're going to try is going to the organization's own website so i'm interested in the total revenue for admissions to the adler planetarium in the latest year available so let's look for adler planetarium and here's their website i might take a moment just to make sure i've got the right adler and that this is a legitimate website and not a website or something like that but it doesn't take me too long if i get into the details to determine this is the real website so i don't find anything leading me to their financial information [Music] on this public facing page at the very top so i'm going to scroll down probably to the very bottom and here we get information about how to become a supporter or donor and then the about us which gives us among other things the annual reports and financials it's pretty typical but every non-profit organization's website will be organized differently and some nonprofits won't give you this financial information right on their public website necessarily so here we come to the reports i might expect to be able to find financial information in the annual report if i pull that up in this case it turns out that they're telling us all about their programming and their mission and board of trustees and that sort of thing but in this report not financial reports they do link directly to the 990 form but they also provide edited audited financial statements that would give us maybe a little easier reading format so here it is i'm not an accountant and so i'm never sure exactly what part to search for the piece of information i'm looking for and so you should feel okay about having to dig around a little bit you don't have to be an expert to look for sort of the keywords that you're interested in so my words are revenue and admissions i'm interested in the revenue for 2019 for museum admissions at the adler planetarium so we'll scroll down statement of financial position activities and changes in net assets so here i have operating activities and if i keep going down i'll see a category for revenue and in revenue for emission charges so there's also revenue from membership dues interest and dividends on their investments private event revenues and another category so here's our category there's also expenses listed and then the net operating income or loss and we can see that these some of these are losses in that year but i'm going to look at revenue for admission charges so here we have a couple of categories but i'm interested in the total so right here is the total revenue from admissions charges 5 963 404 so there's the answer to the question that i had if you ever have questions about how to interpret a non-profit website or really any um anything that you find in terms of information on the web you can feel free to ask a librarian for help using live chat or email thank you