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Nonprofit Essentials - Statement of Financial Position
The Statement of Financial Position in Solver is a pre-built xFP&A report template for the nonprofit industry. Designed for nonprofit organizations, it presents the nonprofit balance sheet as of a selected period, comparing the current period to the same period last year. Users choose the entity and period at run time, and account-level detail can be expanded beneath each line.
NOTE: This template is included as part of the Nonprofit Essentials.
Built for nonprofit organizations, this Solver report connects to your accounting data via the Solver Data Warehouse, delivering near real-time reporting without manual spreadsheets. In addition, it covers Current Assets such as cash, grants receivable, pledges receivable, and endowment investments, Fixed Assets, Other Assets, Liabilities, and Net Assets, ending with Total Liabilities and Net Assets. It supports month-end reporting, audit preparation, and board and lender financial packages.
What is the Statement of Financial Position in Solver?
The Statement of Financial Position is a pre-built xFP&A report in Solver designed for nonprofit organizations. It delivers a GAAP-style balance sheet with entity and period parameters and a year-over-year comparison.
Who uses this Solver template?
This report is used by CFOs, controllers, and finance teams at nonprofit organizations who need an accurate statement of financial position for board, auditor, and funder reporting. It is particularly valuable for nonprofits managing pledges, grants receivable, and endowment balances.
Where does the data come from?
Data is sourced automatically from your general ledger, grant management, and ERP systems through the Solver Data Warehouse, which integrates with platforms such as Microsoft Dynamics 365 Business Central, Dynamics 365 Finance, Acumatica, Sage Intacct, and other leading ERP solutions. Once connected, the template updates in near real-time with no manual data entry required.