Non-profit organizations are obliged to comply with the statutory requirements on the use of funds and to be able to provide evidence of this. In addition to a statement of assets and liabilities, this requires in particular an account of the use of funds. If an organization violates the requirement to use funds in a timely manner, its non-profit status may be revoked.
In our consulting practice we experience that the proof of a proper use of funds is more and more in the focus of the auditors.
We support you in complying with your tax obligations and work with you to prepare a statement of the use of funds that meets the legal requirements.
There is no specific legal basis for the preparation of a statement of the use of funds. However, based on our experience, we have developed a presentation of the use of funds that is based on various approaches represented in the literature and enjoys acceptance on the part of the tax authorities.