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Board OntologyFinance

Management & General

Expense of governing and administering the organisation in the period — executive time not attributable to a programme, finance and HR, audit, insurance, board governance and general occupancy. The second FASB functional class. Persistently understating it is the best-known distortion in nonprofit reporting: real organisations need real administration. — Finance KPI anchored to FASB ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities.

Rogue ID: finance.np_management_general_expense Type: Currency Domain: Finance

Definition

Expense of governing and administering the organisation in the period — executive time not attributable to a programme, finance and HR, audit, insurance, board governance and general occupancy. The second FASB functional class. Persistently understating it is the best-known distortion in nonprofit reporting: real organisations need real administration.

Formula

Expenses allocated to management and general activity for the period, including the administrative share of shared costs.

Why it matters

The board’s own honesty test: understating administration to flatter the programme ratio hides the cost of the infrastructure the mission actually runs on.

How to interpret

A share in the low-to-mid teens is unremarkable for a small organisation; a share near zero is a reporting problem, not an achievement.

  • finance.np_total_functional_expenses
  • finance.np_program_expense_ratio

Source

FASB ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities · section: ASC 958-720 (functional expense classification) — published 2016-08-01.

Why does this cite FASB ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities? Read the ontology methodology for the published vs editorial tier system, attribution rules, and dispute process.

Stage relevance

Company stagePriority
Pre-SeedCore
SeedCore
Series ACore
Series BCore
Series C+Core
PublicCore

Suggested for stages: Pre-Seed, Seed, Series A, Series B, Series C+, Public.

Default owning functions

  • Finance

Machine-readable

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