- Statement of financial position. This is similar to the balance sheet of a for-profit entity, except that a net assets section takes the place of the equity section that a for-profit entity uses. The net assets section breaks out unrestricted net assets, temporarily restricted net assets, and permanently restricted net assets.
- Statement of activities. This statement quantifies the revenues and expenses of a nonprofit for a reporting period. These revenues and expenses are broken down into the unrestricted, temporarily restricted, and permanently restricted classifications that were referred to earlier for the statement of financial position.
- Statement of cash flows. This statement contains information about the flows of cash into and out of a nonprofit; in particular, it shows the extent of those nonprofit activities that generate and use cash.
- Statement of functional expenses. This statement shows how expenses are incurred for each functional area of the business. Functional areas typically include management and administration, fund raising, and programs.