Functional Expenses and the Program-Expense Ratio
This lesson is part of the course
In this lesson
You split each expense into program, admin and fundraising, total the functions and test the program-expense ratio against a benchmark.
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Lessons in this course
- Restricted vs Unrestricted Funds: Net Assets by Restriction Locked
- Statement of Activities by Fund with SUMIFS Locked
- Functional Expenses and the Program-Expense Ratio Locked
- Indirect Cost Allocation and the Indirect Cost Rate Locked
- Building a Grant Budget: Personnel, Fringe, Direct and Indirect Locked
- Grant Budget vs Actual and Burn Rate Locked
- Fundraising Efficiency: Cost per Dollar Raised and Donor Retention Locked
- Cash Runway, Operating Reserves and Months of Reserve Locked