Washington State Coalition Against Domestic Violence
Intro to Nonprofit Finance
Lesson 3 – Experiential component
Exercise: Take a good look at these sample financial statements for All Good Things,
Answer the following questions based on the financial report attached.
1. What is All Good Things’ budget total for this year?
2. How does All Good Things fund its work?
3. What are All Good Things’ three biggest expenses?
4. How is All Good Things actually doing, compared to its projected budget? (look at
the bottom line of the income statement)
5. What are All Good Things’ net assets? (look at the balance sheet)
6. How many months could All Good Things keep running without funding? (to calculate
this, go to the budget, find the expense total, and divide by 12 months. That is your
monthly operating cost. Then go to the balance sheet and find net assets. Divide net
assets by the monthly operating cost. This number is how many months All Go