Hi Erin – This doesn’t really affect nonprofits, unless they have meals directly related to unrelated business income, which previously they may have been able to use as an expense to offset that UBI. Otherwise, since nonprofits generally do not owe/pay annual revenue taxes, meals would continue to be just a regular “other” natural expense for…

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Hi Jamie,

I think it may vary state by state, but if they are a membership organization, they may only be required to provide financial information to their members or a state/federal entity, unless there is some sort of subpoena for the information. If you suspect a problem with this organization, your best bet may be to talk with someone in the…

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Hi Jerry — When you say “property user fee” do you mean rental fees of some kind? If the property the nonprofit owns is integral to its mission, I would say that’s program income (if, for example, a part of their mission is to provide space for xyz), but if they just happen to own a piece of property that they are maintaining and getting income…

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Hi Addison — I also hopped on to recommend you look into Greg Bossen’s QuickBooks Made Easy for Nonprofits! His program and recommendations are the gold standard for nonprofit bookkeeping/accounting. It can be confusing to set up effective nonprofit bookkeeping if you don’t know bookkeeping or QuickBooks. I specialize in nonprofit bookkeeping on…

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Hi Robert – Sorry I missed your question! I must not have checked off that little “notify me of new replies” box. You would want to book capital campaign contributions as restricted contributions, so it would fall into your Net Assets With Restrictions equity line, but they are still contributions, revenue, received within your fiscal year.…

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Hi Allison, I can’t point you to a specific guideline at the moment, but yes, generally, if you fundraise around a specific event or cause, those donations are considered to be restricted. Given that, you will want to be sure you know how much you need to raise and consider what you can do with those funds if you do not raise enough or raise too…

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DocTract is highly rated by Capterra as a source for policy and procedure writing software. I haven’t used them myself, but you could take a look there. If you’re talking about something like a nonprofit shop, you could talk to some of your retail neighbors and ask them to share their internal policies with you, as a place to start. If it is a…

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