functional and natural matrix definition

The description of the required reporting of expenses by some nonprofits. The expenses will be presented on lines based on the nature of the expense (salaries, fringe benefits, rent, utilities, postage, professional fees) and in columns based on the function (Program #1, Program #2, Management and General, Fundraising). The matrix format is encouraged for all nonprofits but it is required only for voluntary, health and welfare organizations.

See the statement of functional expenses.