This section of the HHS Grants Policy Statement focuses on the reporting of income earned and the amount expended. Grantees and delegate agencies can benefit from reviewing the various forms that are required for reporting when trying to maintain compliance. The resource also provides specific reporting forms applicable to income earned, sell of equipment, and income accrued.
This resource helps nonprofit organizations understand and interpret their financial statement by measuring the organization’s efficiency, evaluating the adequacy of financial resources, and identifying significant trends. Nonprofit grantees can learn a great deal about the health of their organization by examining the numerical information presented.