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Don’t Make These Common Mistakes When Filing Your Form 990

sgEngage

Your tax-exempt status may keep you from having to file traditional tax returns, but maintaining the designation comes with its own labyrinth of forms, requirements, and deadlines. Here are nine common mistakes Nikita and her team at Tax990 see nonprofits make when filing their form 990s.

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How to Set Up Your Nonprofit Accounting System RIGHT So it Helps You Grow

Get Fully Funded

When set up right, your nonprofit accounting system will help you manage your nonprofit and streamline processes like budgeting, projecting cash flow, and even hiring. The problem is that if you’re like most, you haven’t paid a lot of attention to your accounting system. Most people who start or lead nonprofits aren’t numbers people.

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What is a Donor Management System?

Saleforce Nonprofit

With new employees starting, exciting projects kicking off, and donations coming in like wildfire, it’s becoming harder and harder to keep track of everything. If this sounds like you, maybe it’s time you implement a donor management system, or DMS. I know what you’re thinking – what is a donor management system?

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Form 990: What You Need to Know About Filing for Your Nonprofit

sgEngage

The Form 990 Series is a specifically designed tax form that most nonprofit organizations will need to file annually. Beyond the fact that it’s a requirement, however, there are a number of other benefits to filing as well—such as increased credibility in the eyes of donors and volunteers. Which 990 Form(s) Should I File?

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Choosing an E-File Provider for Your Nonprofit Taxes

Achieve

Filing your taxes is one of the most important and most dreaded tasks for any nonprofit. After all, filing Form 990 correctly and on time is what helps your nonprofit keep its tax-exempt status — and helps you avoid paying unnecessary fees. . However, correctly filing your taxes is no simple task. Component filing.

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Don’t Get Lost in Translation: What Finance Needs from the Development System

sgEngage

But in a fundraising organization, Finance is heavily dependent on Development systems to furnish accurate, unambiguous fundraising data to the general ledger, so that correct annual and monthly financial reporting can be produced. If restricted, the nature of the restriction needs to be recorded – i.e., specific donor-intent.

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6 Qualities A Nonprofit Database Management System Should Have

TechImpact

For smaller nonprofits, a database may be nothing more than an Excel file. The best database systems do not necessarily have more tools, but more high-level qualities. Graham shared some of the top qualities a good database system should have: Workflow. A good system is one that makes maintenance easy.

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