Get State Of Utah Statement Of Functional Expenses Form

The State Of Utah Statement Of Functional Expenses Form is a crucial document for organizations that file specific IRS forms. This guide will provide you with clear steps to effectively fill out this form online, ensuring adherence to state requirements.

Follow the steps to complete the form accurately.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Input the organization name at the designated field, including any doing business as (DBA) names if applicable.
3. Calculate and fill in the Contribution/Grant Revenue section. Report cash and noncash amounts received as contributions, gifts, or grants, including the gross amount collected by fundraisers.
4. Provide details for Other Revenue by reporting all revenue not included in Contribution/Grant Revenue, such as program service revenue and investment income.
5. Compute the Total Revenue by adding the values from the Contribution/Grant Revenue and Other Revenue sections.
6. Allocate expenses into Program Service, Management and General, or Fundraising categories. Clearly state what proportion of each expense belongs to each category.
7. Fill out the Statement of Functional Expenses line items according to the type of expense, including details such as grants, contributions, and compensation.
8. Total each column separately and ensure that the total amounts sum appropriately between all expense categories and the overall total.
9. Save your changes, download a copy for your records, or print and share the completed form as needed.

Complete your form online to ensure compliance and accuracy!