Having a strong financial record is important to tell the story of your non-profit organization. Financial statements are important in this regard as they help non-profit organizations record and manage their money. Having a strong financial record is important to tell the story of your non-profit organization. Financial statements are important in this regard as they help non-profit organizations record and manage their money. It also helps organizations to show grant-makers, individual donors, and investors; who contribute to their business; that their time, effort, and money are being used wisely. We show you how financial statements can enhance your non-profit organization: