Milestone OneSouthern New Hampshire University ACC-325: Accounting for Non-Profits 02:05:39 GMT -05:00Milestone OneNonprofit Name and Mission Statement:- Nonprofit Name: Only By the Grace Ministries- Mission: To provide individuals struggling with chemical dependency with essential support, including access to toiletries, treatment center information, and STI testing, within a safe and non-judgmental environment.The organization "Only By the Grace Ministries" is committed to offering essential support to individuals facing chemical dependency, providing toiletries, treatment center information, STI testing, and a non-judgmental space. The nonprofit relies on grants and donations while maintaining careful financial management through tracking, fund segregation, and detailed reporting for transparency.The nonprofit's structure will follow a traditional hierarchy to ensure clear leadership and delineation of responsibilities. This includes a board of directors providing guidance and oversight, an Executive Director managing day-to-day operations, and various staff organized into departments with specific roles. This structure aims to establish clear authority, accountability, and efficient decision-making processes.Adhering to New Jersey standards requires detailed documentation of the nonprofit's full legal name, mission, goals, and operational objectives. It's essential to specify whether the organization operates for a specific duration or on a perpetual basis. 02:05:39 GMT -05:00The documentation should also outline a