The Year-End Report can be given in a variety of ways to funders and supporters. During their yearly donor appreciation ceremonies, several charitable organizations deliver these reports. Every year, others mail them to funders and volunteers. In recent years, we've noticed an increase in the number of NGOs going paperless. Today, most Year-End Reports are delivered electronically. These documents are important tools for nonprofits to communicate their major initiatives and achievements from the previous year. They also provide information about how much money was raised and spent, as well as any problems or issues that arose during the course of the year. Finally, they outline future plans and activities for the organization. In addition to federal law requirements, many charities must also file an annual report with their state agency. The format and content of these reports varies depending on state laws and regulations. However, they usually contain similar information about the organization's history, programs, and financials. Nonprofit executives often review past reports when preparing current ones. They may want to see what successes have been achieved in previous years and whether or not funding has increased or decreased over time. They may also want to compare themselves to other organizations in their sector to better understand where they stand financially and programmatically. Finally, past reports may influence future decisions such as hiring practices or program design.