These two concepts are actually worlds apart, and grasping their distinctions will revolutionize the way you delegate responsibilities within your team—and the way you budget for impact. A well-maintained cash flow statement is non-negotiable to build trust and operate smoothly. So it’s very important that you learn to read the IRS 990 and understand what it says about the financial health and governance of your organization. Identifying and Calculating Investing and Financing Activities Nonprofits use the statement of activities to…