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Reply To: A question about the role of the board treasurer – is this allowable?

I was going to ask something similar. There is a small organization that seems to think that their accountant is actually a board member. But….…

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Reply To: A question about the role of the board treasurer – is this allowable?

Generally, I would say – NO. They should be serving in an oversight capacity, not doing the day to day work. The only time this…

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Reply To: from Lisa who would like to know about crediting DAF gifts

We give the credit to the DAF fund but we also give a “soft” credit in our records to the individual who recommended the donation.…

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In-Kind Donations

We get a lot of in-kind donations of services and goods. What is the proper way to record these transactions? We’ve also donated our goods…

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Reply To: Private: Employee Retention Credit

Do you have a copy of the webinar? We need to file for this credit and our payroll provider recommended a copy that their fees…

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I saw that Cristyn asked about booking multi year settlement dollars

We sue pollutors under the Clean Water Act. As a part of settlements we get payments or book a recievable up front to pay us…

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from Lisa who would like to know about crediting DAF gifts

When we get a DAF gift are we supposed to credit it in our records to the DAF entity or to the individual fund donor?

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Is every board member legally responsible for the integrity of our books?

KELLE ASKED: Is every board member legally responsible for the integrity of our books? What are your thoughts?

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A question about the role of the board treasurer – is this allowable?

I am posting this for Kelle who asks: Is it a good idea and even a good crossover for our board treasurer to do day…

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Sales Manager The Nonprofit Financial Commons (NFC) is a peer-led knowledge-sharing platform and a leading resource for nonprofit finance professionals. We provide valuable content through…

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