This document provides a template balance sheet for a not-for-profit entity. The purpose of a balance sheet is to provide a snapshot view of a company's financials. It is a financial statement that summarizes a company's assets, liabilities, and owners'/shareholders' equity at a specified point in time. Each section will list several accounts. For example, the assets will commonly include accounts for current assets (such as cash, inventory, and accounts receivable), fixed assets, and other property; similarly the liabilities section will often include accounts for current and fixed liabilities - though the exact accounts listed will vary by company. A balance sheet is a useful analytical tool; it can be used to calculate working capital or used to determine an organization's capital structure.
[COMPANY NAME] Balance Sheet Forecast [Date] Current Forecast Current Forecast [Date] [Date] [Date] [Date] ASSETS LIABILITIES Current Assets Current Liabilities Checking Account $ - $ - Accounts Payable $ - $ - Grants Receivable - - Grants Payable - - Pledges Receivable - - Credit Cards - - Accounts Receivable - - Accrued Expenses - - Prepaid Expenses - - Sales Tax Payable - - Supplies Inventory - - Payroll Liabilities - - - - Short-term Notes - - Unearned Revenues - - Fixed Assets - - Furniture and Equipment - - (Accum Dep. - Furniture) - - Long-term Liabilities Computer Equipment - - Mortgages and Leases - (Accum Dep. - Computers) - - Long-term Notes - - Vehicles - - Refundable Dep Payable - - (Accum Dep. - Vehicles) - - - - Buildings - - (Accum Dep. - Buildings) - - EQUITY Land - - Opening Balance Equity - - - - Permanent Restricted Net Assets - - Temporary Restricted Net Assets - - Other Assets Unrestricted Net Assets - - Marketable Securities - - - - Land & Buildings (Invest) - - Loan Receivable - - - - [COMPANY NAME] Balance Sheet Forecast [Date] Current Forecast Current Forecast [Date] [Date] [Date] [Date] ASSETS LIABILITIES TOTAL ASSETS $ - $ - TOTAL LIABILITIES & EQUITY$ - $ -
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