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Tag Archives: donations
Donations – A Quick Guide on How to Record Donated Items
Presentation by Kristen M. Conway, CPA Posted June 21, 2017
Posted in Videos
Tagged accounting, auction, donations, financial statements, nonprofit, NPO, raffle
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Recording Auction and Raffle Items
Auction and raffles are common and successful ways for non-profit organizations to raise funds. To help makes these event successful, organizations often ask for donations to be used as auction and raffle items. The accounting treatment for these donations is … read more
Posted in Articles
Tagged 501(c), accounting, credit, debit, donations, financial statements, nonprofit, NPO, recording
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Thanking Your Donors
Every nonprofit should thank their donors, right? It’s not only polite and courteous (and may be required by the IRS), but thank you letters can be a very smart and witty way to encourage additional donations. According to a Burk … read more
Accounting for Donations Received at Year End
Tracking when donations are received is always important, but it is even more crucial at year end as your nonprofit needs to ensure that each donation is recorded in the correct fiscal year. To ensure your accounting records are accurate, … read more
Posted in Articles
Tagged 501c3, accounting, Arizona, donations, financial reporting, nonprofit, not-for-profit, NPO
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Credit Card Scams Target Nonprofits, Too
Last fall, retail giant Target was affected by a major data breach that involved millions of customer credit and debit card holders. While most fraudsters probably aren’t rushing to make a donation to their favorite nonprofit, it may surprise you … read more
Posted in Articles
Tagged 501(c), Arizona, credit card fraud, donations, fraud, fraudsters, New Mexico, non-profit, nonprofit, not-forprofit, online fraud
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