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  • State Of Utah Statement Of Functional Expenses Form

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Statement of Functional Expenses Instructions Utah State Law requires a Statement of Functional Expenses to be submitted by organizations that file an IRS Form 990EZ, 990N, 990PF, or do not complete.

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The Statement Of Functional Expenses explains the costs incurred for each functional area of the organization. The functional classifications include: programs, management and general and fundraising.

The statement of functional expenses (SOFE) is a financial report used by not-for-profit organizations to present the functional classification of expenses in addition to the natural classifications of expenses.

The Statement of Functional Expenses (Part IX, page 10) is where you must report the details of your organization's expenses and indicate whether those expenses were used for program services, management and general or fundraising purposes.

All organizations who complete the IRS Form 990 N (post card), 990-EZ, 990-PF or who do not complete any 990 must complete the Statement of Functional Expense Form. Column (A) Every expense should be listed here.

What is the Statement of Functional Expenses? A statement of functional expenses is used to show how expenses are incurred for each functional area of a nonprofit entity. Functional areas typically include programs, fundraising, and management and administration.

Nonprofit organizations are required to report their financial activities in two ways: a report of their natural expenses and a report of their functional expenses. Natural expenses are reported by all businesses, whether nonprofit or for-profit, but only nonprofits are required to file their functional expenses.

Part IX of Form 990 requires those expenditures to be broken down into three classes: 1) program service expenses, 2) management and general expenses, and 3) fundraising expenses. These classes do not replace expense categories, however, but rather provides a further breakdown of the category.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232