Understanding Overhead – Funding The Full Cost Of Your Programs
Grants often provide a fixed amount toward the organization’s overhead costs, and this amount often falls short of actually covering your overhead. Do you know your true overhead rate? Overhead costs, the costs of keeping the doors open, should be shared by the programs that take up your space, time and resources, showing how much the organization’s activities really cost.
In this session, participants will learn about allocating costs to programs and activities, how overhead rates are computed, and how this information can be used to make decisions about accepting, evaluating and funding programs.
Field of study: Accounting