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Note: This is an Balance Sheet: a statement showing an organization's current financial position as of a particular date.

It is also called the "Statement of Financial Position."
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NAME OF ORGANIZATION
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Statement of Financial Position
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As of March 31, 20XX
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 Total
Definitions
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Assets
What is owned by the organization.
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Current Assets
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Bank Accounts
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1012 - Checking Account 1$614,396.43
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1014 - Checking Account 2$104,245.28
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1025 - Certificate of Deposits$268,298.57
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Total Bank Accounts$986,940.28
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Accounts Receivable
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1030 - Accounts Receivable$290,676.03
The amount owed to the organization for services or merchandise provided to others.
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1031 - Contributions Receivable$835,000.00
Amounts owed to the organization (awarded but not paid) related to contributed revenue. May also be referred to as grants receivable when the amount is related to a grant agreement,
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Total Accounts Receivable$1,125,676.03
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Other Current Asset
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1110 - Petty Cash$100.00
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1130 - Prepaid Expenses/Deposits$60,033.71
An expense that is paid before use of the good or service, such as insurance paid in advance.
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1145 - Other Current Assets$1,789.61
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 $61,923.32
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Total Current Assets$2,174,539.63
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Fixed Assets
Physical items an organization owns such as buildings and improvements, equipment, and furniture that will be used for more than one year.
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1620 - Property and Equipment$345,502.90
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1630 - Leasehold Improvements$33,621.71
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1640 - Customized Software$321,815.70
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1650 - Vehicles$25,000.00
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1690 - Accumumlated Depreciation($682,681.52)
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Total Fixed Assets$43,258.79
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Other Assets
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1810 - Lease Security Deposits$23,700.60
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Total Other Assets$23,700.60
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Total Assets$2,241,499.02
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Liabilities
What is owed by the organization.
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2000 - Accounts Payable$50,027.40
The amount owed to others for services or merchandise received by the organization.
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2110 - Accrued Salaries$89,905.27
Accrued Expenses: Costs for services received by the organization that have accumulated, but are not yet due or payable.
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2120 - Accrued Payroll Taxes & Benefits$9,368.16
example of accrued expenses
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2130 - Accrued PTO$82,378.25
example of accrued expenses
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2460 - Other Current Liabilities$8,161.24
example of accrued expenses
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2465 - Deferred Revenue$53,674.19
Income for which payment has been received before it has been earned. It is reflected as a liability on the Balance Sheet until it is earned and can be recognized as income in a future accounting period.
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2600 - Line of Credit$345,340.00
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Total Liabilities$638,854.51
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Net Assets
The difference between the organization’s total assets and its total liabilities on the balance sheet indicating the net financial worth for the organization
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3100 - Net Assets w/o Donor Restriction$669,326.77
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3300 - Donor-Restricted Net Assets$1,021,519.25
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Change in Net Assets (Net Income)($88,201.51)
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Total Net Assets$1,602,644.51
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Total Liabilities & Net Assets$2,241,499.02
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