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SFESydney Futures Exchange (Australia)
SFESparkfun Electronics (Boulder, CO)
SFEScouts for Equality (various locations)
SFESupercritical Fluid Extraction
SFEStar Formation Efficiency (astronomy)
SFEStart Field Extended
SFEScale Factor Edit
SFESecure Function Evaluation (cryptography)
SFESales Force Effectiveness
SFESociety of Facade Engineering (est. 2004)
SFESurface Figure Error (optics)
SFESkills for Employment (various organizations)
SFESolicitors for the Elderly (legal advisory group; Hertfordshire, England, UK; est. 1999)
SFESan Francisco Examiner
SFESt. Francis Elementary (Minnesota)
SFEStandards for Excellence
SFESodalizio Fuoristradisti Euganei (Italian: Off-Road Hills Association)
SFESociété Française de l'Evaluation (French: French Evaluation Society)
SFEStacking Fault Energy (materials science and engineering)
SFESan Fernando, Philippines (Airport Code)
SFESociété Française d'Endocrinologie (French: French Society of Endocrinology)
SFESupplier Furnished Equipment
SFESociété Française d'Equithérapie (French: French Society of Equitherapy)
SFEServices Front End (workshop)
SFESociété Française d'Ethnopharmacologie (French: French Society of Ethnopharmacology)
SFEStainless Fabricating & Engineering (Portage, MI)
SFESociété Française d'Ethnomusicologie (French: French Society of Ethnomusicology)
SFEStandardization Flight Evaluation (US Army)
SFESociété Française d'Electrophorèse
SFESociété Française d'Ecologie (French: French Society of Ecology)
SFESustainable Forestry Education (Michigan)
SFEService Fraternel d'Entraide (French: Fraternal Mutual Aid Service; various locations)
SFESociété Française d'Egyptologie (French: French Society of Egyptology)
SFESociété de Fabrication Electronique (French: Electronic Manufacturing Company)
SFESociété Française d'Endodontie (French: French Society of Endodontics)
SFEStupid Feeding Error (herpetoculture)
SFESpace Force Enhancement (US DoD)
SFESymington Family Estates (Port wine)
SFESupercritical Fluid Elution
SFESociété Francaise d'Exobiologie (French: French Society of Exobiology)
SFESingle-Flared Eyelet (body piercing)
SFEStatic Feed Electrolysis
SFEStatement of Functional Expense (nonprofit efficiency)
SFEStore and Forward Engine
SFESpace Frequency Equivalence
SFESheet Film Equivalent
SFESevere Framing Error (Hekimian)
SFESimon Fell Ensemble (UK)
SFESociété Française de l'Emballage (French: French Society of Packaging)
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References in periodicals archive ?
The combined statement of functional expense previously included a natural expense classification titled "Allocated General".
The standard's requirement that audited financials present a statement of functional expenses by nature is a stark reminder to nonprofits that--regardless of their own positions and practices where it concerns overhead--accounting convention is once again putting the numbers that fuel the debate front and center.
Previously, only voluntary health and welfare organizations were required to include the statement of functional expenses as part of a complete set of basic financial statements.
Under current GAAP, only those nonprofits classified as voluntary health and welfare organizations arc required to present a full Statement of Functional Expenses. All other organizations arc required to present a summary of functional expense totals within the Statement of Activities or within the notes.
The prior standard required only that voluntary health and welfare entities report the natural classification of expenses on a statement of functional expenses. However, "all NFPs shall report information about all expenses in one location on the face of the statement of activities, as a schedule in the notes to the financial statements, or in a separate financial statement, as discussed in paragraph 958-205-45-6."
The organization classified $5.4 million as legal on the Statement of Functional Expenses in its most recent Form 990.
Part IX is the organization's Statement of Functional Expenses and lists by line item how money was spent.
Reporting only salaries as compensation expense: Reporting compensation of current officers, directors, trustees, and key employees on line 5 of Part IX, Statement of Functional Expenses, should include all forms of salary and benefits, including pension plan contributions, dental or medical insurance, and other employee benefits (whether or not taxable to the employee), not just wages.
The 2003 Form 990 Statement of Functional Expenses allocation appears in Figure 3.
Observe that only the Audit Guide for voluntary health and welfare organizations requires a statement of functional expenses (Item 4), which details the nature of expenses incurred in each functional category of program and supporting services.
Two developments that demonstrate a need for new KPIs are a recent FASB standard, Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities, which requires that all nonprofit organizations prepare a statement of functional expenses, and the growing interest in sustainability reporting.
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