Charities filling out the financial information section of the New Jersey charitable registration forms should understand the following defined terms:
Direct Public Contributions: Those funds that are received directly from the donors either in person or by mail.
Indirect Public Contributions: those funds that are received by the charity that were solicited for the charity by another charity (such as United Way contributions).
Government Grants: any funds that are received by the charity issued by a municipal, county, state or federal government.
Other support: funds that are received by the charity that come from sources of revenue other than those defined above.
Total revenue: the total of direct public support, indirect public support, public contributions, government grants, and any other support.
Program expenses: the dollars that are spent on the activities or programs for which the charity was founded.
Management expenses: the dollars that are spent running the organization such as salaries, office expenses, etc.
Fund Raising expenses: the dollars that are spent raising money to enable the charity to continue to exist.
Payments to Affiliates: The dollars that are spent by national charities to the local or state chapter; conversely, some local chapters pay dues to national offices.
Total expenses: the sum of the expense categories.
Phone: (973) 273-0600
www.probonopartnership.org
Copyright 2002 Pro Bono Partnership