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Non profit P&L

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 Erin
(@Erin)
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Joined: 5 years ago
Posts: 1
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Please Help!

 

 aI have negative/loss for ordinary income on nonprofit 2019 p&l.   This can not be, we have grants to help, we can not spend more than what we have.    

 

We did receive 2 large grants & 1 large donation in year 2018.  Would thus be why; income came in prior year, spent most of the grants funds in beginning of 2019.   

 

If this is the case, is there an adjustment I can make?     

 

Thank you! Erin


   
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