nonprofit

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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…

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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…

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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…

Google Apps for Nonprofits

What is Google Apps for Nonprofits?

Google Apps for Nonprofits is the free edition of the famed productivity suite from the Mountain View, CA based company. The suite gives you powerful tools that can help your organization with productivity, organization and perception. We think Google Apps combined with MoneyMinder treasury software for nonprofits would make a killer toolset sure to help…