Statement of Net Assets Without Donor Restrictions

A Statement of Net Assets Without Donor Restrictions is a financial statement used by nonprofit organizations to report the portion of net assets that are not subject to donor-imposed restrictions. It provides a snapshot of the organization’s unrestricted financial resources at a specific point in time, indicating the funds available for general operations and program activities. This statement distinguishes resources that can be used at the discretion of the nonprofit’s management from those restricted by donors for specific purposes or time periods. The clarity offered by this statement helps nonprofit boards, management, and stakeholders understand the organization’s immediate financial flexibility and sustainability.