Statement of Functional Expenses

Quick Answer: Statement of Functional Expenses

Alignmint does not ship a separate “Statement of Functional Expenses” tile in the Reports hub. Functional expense presentation for compliance lives in Form 990 Builder Part IX on Pro or Enterprise, fed by functional mappings on your Chart of Accounts.

Use the Income Statement for natural expense categories (personnel, program services, facilities). Use Form 990 Builder when you need program / management / fundraising columns for IRS worksheets and board packets.

Functional expenses and Form 990

Map each expense account to a functional category in Chart of Accounts before you generate Part IX. Form 990 Builder pulls those mappings into the worksheet; you can override individual lines with documented reasons when needed.

Good to Know

Plus includes standard financial reports. Pro or Enterprise adds Form 990 Builder and multi-fund statement views. Review mappings before fiscal year close.

Related: Form 990 Builder, Chart of Accounts, Fund accounting glossary.