Page 9 - Finance for “Non-Financial” Board Members
P. 9
Statement of
Functional
Expenses
• Used for the importance of
monitoring expenditures
• Breaks down organizational
expenses into common
categories to help track how
the $$$ is spent
• Breaks down expenses
between Program Services
and Support Services
• Compares $$$ spent on admin
costs (employee salaries) to
$$$ spent towards programs
