Statement of Activities
A statement of activities is simply a report that summarizes what plans the organization has undertaken, what plans the organization has continued with, and how both serve to meet the primary goals of the NPO as outlined in the mission statement. This statement is the same as that which is prepared for the annual report and for inclusion with IRS Form 990.
Statement of Cash Flows
The statement of cash flow can be a simple list of assets on hand throughout the fiscal period. The most common type of cash-flow report separates expenditures in operations, investments (including investments in fund-raising or products), and financing (including any dealings with banking institutions).
The statement of cash flow can be given as a balance sheet of cash in and out or it can be a more indirect statement, showing the monies added and subtracted by tracking changing balance. For almost all nonprofit organizations, healthy organizations list “operations” as a very large portion of the cash-flow report.
