Download presentation
Presentation is loading. Please wait.
Published byBarrie Goodwin Modified over 9 years ago
1
Non-Profit Organization Financial Forum March 22, 2010 Prepared by: Dan Webster Treasurer Radnor Girls Crew Club dan@radnorcrew.org www.girls.radnorcrew.org
2
Discussion Topics Goals Process Controls Taxes Miscellaneous
3
Goals Transparency Accountability Accuracy Balance Ability
4
Process Recordkeeping –Financial Records –Expense Reimbursement and Documentation –Calendar of Important Dates –Vehicle Registrations –Asset Inventory Cash Versus Check Transactions
5
Process Bank Accounts –Number –Type –Statements –Location –Access –Signatures –Statements –Debit Cards
6
Process Bank Account Reconciliations –Frequency –Format
7
Process Budgeting and Financial Planning –Operations –Capital Financial Statements –Balance Sheet –Income Statement –Statement of Cash Flow –Software Tools Chart of Accounts
8
Controls Financial Controls –Bank Statements –Bank Reconciliations –Financial Statements –Bank Accounts –ATM and Credit Cards –Cash Transactions –Treasurer Reimbursements –Term Limits –Dues Reconciliation –Signatories –Independent Review
9
Taxes Federal Recognition/Determination Tax Filings –Form 990-EZ (Return of Organization Exempt from Income Tax) –Form 1099-MISC and Form 1096 –W-9s from Contractors –Unrelated Business Income (UBI)
10
Taxes Tax Exemption –Sales Tax Exemption Application (Rev-72) –Bylaw Requirements (Dissolution Clause) –Pennsylvania Exemption Certificate
11
Fundraising Controls Written Acknowledgements/Thank Yous Board Member Involvement
12
Financial Aid Application Evaluation Selection Notification
13
Insurance Liability Officers & Directors Property Hired Auto
14
Governance Board of Directors Bylaws Board Composition Agendas, Decisions and Minutes Accountability/Board Evaluation Continuity and Transition
15
Resources Evaluations/How Are We Doing? GuideStar.org TechSoup.org The Internet
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.