Nonprofit Accounting Basics

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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…

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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…

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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…

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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…

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Nonprofit Audit Guidelines

Get Started With Non-Profit Your Financial Review or Audit If you do not have a national organization that provides you with Audit guidelines, here are some ideas on how to get started:

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Nonprofit Audits & Financial Reviews

Is it an Audit or a Financial Review? The intention is the same, as it is the same process. The difference is in who does it! If a paid tax professional does it, it will probably be called an audit. If unpaid volunteers do it, it will probably be called a financial review. We use…

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Daily Operations Binder for Treasurers

Organize your Treasurer Information in a Daily Operations Binder for Efficiency:

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What to Keep in Your Treasurer's Bin

An Essential Organizational Tool for Volunteer Treasurers Part of making your treasurer duties easier is making sure that you have the tools for the job and that they are handy! Most seasoned treasurers find that a bin of some sort is invaluable – this is the perfect place to store this year’s information. If the…

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22 Nonprofit Treasurer Tips

As a volunteer treasurer for a non-profit organization, it is not enough to be honest; you must also take steps that will enable you to back up your honest treasury practices. Follow These Basic Treasury Tips to Protect all Individuals in your Organization: Treasurers Should Create a Paper Trail for Clarification if Questions Arise at…

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Would You Make a Good Treasurer? (Quiz)

So, think you’d make a good treasurer for your club or organization? Take our simple quiz to find out if you’re a good match. Our questions will tell what time of participation, accountability, transparency, effectiveness and efficiency you’d have as a treasurer. After you submit your quiz, we’ll tell you what your score means![mlw_quizmaster quiz=1]