CAN's finance and accounting programs are designed to to measurably improve the accuracy, consistency and clarity of financial reporting, thus reducing time and financial costs and improving accountability and public trust in California's nonprofit sector.

Another goal of this program is to promote a dialog and create a community of nonprofit finance professionals so please post questions and comments!

Tuesday, September 12, 2006

Fun Facts!

According to May 2006 data from the National Center for Charitable Statistics :

  1. California has almost 11% of filing nonprofit organizations in the country (organizations who are required to file a form 990 tax return), 60,729, more than any other state.
  2. CA nonprofits are third highest in gross receipts ($233,990,322,869) reported on the 990, just behind New York and Michigan.
  3. CA nonprofits are first in total assets ($335,975,355,076) reported on the 990.
With numbers this big it really shows how valuable good financial tracking and reporting is.

Posted by Alan at 10:34 AM

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