nonprofit

5 Ways to Get Volunteers to Attend Meetings
It seems that anyone who has ever had the pleasure of working with volunteers has encountered this situation once or twice. You are tasked with sharing critical information face to face, which poses a challenge to dedicated volunteers whose time is already pressed with family, work and other commitments. Truth be told, people probably do…

Welcome to the New Nonprofit Central!
Here at Nonprofit Central, we spend so much of our time optimizing our flagship program – MoneyMinder treasury software – that our website design has taken a back seat. Until today! We hope you like our new and improved website, featuring: A responsive design to fit any screen size, including mobile A brand new logo Updated…

How to Handle Nonprofit Donations
How should the nonprofit treasurer handle donations? All nonprofit gift acknowledgements should contain: A statement that the nonprofit is a charity recognized as a tax-exempt organization by the IRS under Section 501(c)(3); Either (a) amount donated (if cash or cash equivalents), or (b) description of the property donated (the nonprofit should not attempt to assign…

Does My Nonprofit Need Insurance?
Why NonProfit Central Recommends Non-Profit Insurance At NonProfit Central, we strongly encourage organizations to protect themselves with insurance. As a matter of fact, we go so far as to say, “RUN” from organizations that don’t feel insurance is important. What would happen if: Your fundraising merchandise was damaged or stolen? Did someone accuse you of…

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…

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:

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…