Read the following carefully!
Read the following carefully!
the application…
Closes automatically May 31st at 5:00 pm MT / 7:00 pm ET sharp!
Does NOT save partial entries and MUST be completed in one session.
Download the Application Worksheet and prepare responses in advance.Requires a mailing address to receive your grant award check.
upload these PDF documents…
Applications missing any of the following PDF documents will be DECLINED:
IRS Affirmation letter (tax exempt determination letter)
Previous fiscal year Statement of Activities (Income Statement)
Current fiscal year Statement of Activities (Income Statement)
Current fiscal year Budget
Previous fiscal year Statement of Financial Position (Balance Sheet)
Current fiscal year Statement of Financial Position (Balance Sheet)
If audited financial statements are submitted, the Notes to Financial Statements and the Accountant’s Opinion Letter must be included.
If the organization has multiple programs and projects with different revenue sources and expenses, all uploaded financial statements MUST clearly show which revenues and expenses are associated with the project or program in the grant request.
The Financial section…
Requires revenues, expenses, assets and liabilities be entered for BOTH the current AND previous fiscal periods and categorized as follows:
Revenues:
Contributions and Grants
Program Service Revenue
Investment Income
In-Kind Revenue
Other Revenue
Expenses:
Grants and Similar Amounts Paid
Benefits Paid To or For Members
Salaries, Other Compensation, Employee Benefits
Fundraising Expenses
In-Kind Expenses
Other Expenses
Assets:
Cash
Receivables
Property and Equipment
Investments
Other Assets
Liabilities:
Payables
Mortgages
Other Liabilities
Applications with financial statements that DO NOT MATCH the amounts entered in the Financial section, will be DECLINED.
Consult with your organization’s bookkeeper, accountant, director, Treasurer, or tax professional with questions concerning which accounts belong in which category. You may also wish to reference the IRS Form 990 as a guide.
Top 5 Reasons for Declined Applications
Missing or incorrect financial statement(s) for the relevant fiscal period.
The totals in the Financial section of the application do not match the financial statements provided.
The applying entity does not meet our criteria for acceptance.
The applying entity does not have its own 501(c)(3) letter.
The applying entity did not file the required Interim Grant Report if funds were awarded the prior year.
Additional Resources
The following links provide helpful resources for nonprofit 501(c)3 organizations.
UCOA Unified Chart of Accounts
The UCOA was created as a standardized chart of accounts for nonprofits, and facilitates translating accounting records into the categories required by the IRS Form 990.
UCOA & Form 990 Unified Chart of Accounts and corresponding IRS Form 990 line items.