Nonprofit Accounting Basics
Fight Fraud: How and Why to Reconcile an Account
Familiarize yourself with fraud prevention tactics like reconciling an account, that will protect you and your organization.
Beyond Drills: Managing Little League Dues & Finances
Little league administration can be a challenge, here are a few tips to make finances and due collection easier.
What is the IRS 990-N Form All About?
The more tax tips you can get, the easier your treasurer job will be, right? How does the word e-Postcard sound, does it sound easier than EZ? If you are a treasurer for a small tax-exempt organization, you are probably familiar with the Form 990, if not-check out this refresher. Basically, the 990 is a form…
Is Nonprofit Budgeting Really Necessary?
You are a small nonprofit organization, committed to an important cause. Maybe you are completely run by volunteers and really; you could not be any busier. So who wants to spend the time hashing out expenses, looking at cash flow and analyzing numbers? Who has the time for budgeting when you’ve got work to…
Reconciling a Checking Account
Why it is important to reconcile a checking account, and exact steps on how to do it.
See Strength In Numbers: The Annual PTA or PTO Audit
The annual PTA/PTO financial review (aka audit) is something that often strikes fear into the hearts of many Treasurers and committee members. Many consider this mandatory task a tiresome burden at best or a complete nightmare at worst; but it doesn’t have to be that way. DEVELOP A NETWORK Utilize your local PTA/PTO community to streamline…
Managing Your Baseball Team’s Books
Are you great at keeping score at the game, but not so much when it comes to the team accounting? While there should be a healthy amount of fun involved managing a baseball team, keeping the books is serious business. National trends show that the cost of playing sports continues to increase, so it is…
Treasury for Rotary Clubs
Your Rotary Club is an integral part of your community with a wide array of goals and members all aimed at the big picture: community improvement. The Rotary’s main objectives are to promote peace, fight disease, provide clean water, save mothers and children, support education and grow local economies. “Service is not a destination; it…
Types of Nonprofit Insurance
There are Several Types of Non-Profit Insurance that you Might Consider: 1. General Liability Many fundraising activities can expose third parties to potential injury during an event. In addition, any time you attend a meeting or function, the location or actual site where the meeting or function is being held (such as a school) may…
Choosing a Nonprofit Bank
How to Choose a Bank for Your Non-Profit As a non-profit organization, you can expect a lot from your bank. Assuming your account is in good standing and you follow best practices, you should be able to find a bank that will give you great service and not charge you at all for it! Shop…