Is there a rule about keeping our nonprofit bank account under $25,000?
A homeschool treasurer asks if there is a limit to how much money can be in their checking account.
Tag Money & Budgets
Homeschool Treasurers: Do this before giving your board a financial statement
Homeschool treasurers: before you prepare a financial statement for your board meeting you should reconcile your bank account! Why is reconciling bank accounts so important? Vickey Richardson of FreeChurchAccounting.com explains, I have discovered with my bookkeeping business that reconciling accounts…
How to account for a surplus in your nonprofit records
A homeschool leader asks how to account for accumulated money on a financial statement
What financial reports do we need to generate monthly?
A homeschool leader wonders what financial statements she should be reviewing each month.
How do I create a budget for my homeschool group?
Steps to create a budget by using last year's actual spending.
How to use another nonprofit’s tax exempt status (legally!)
Homeschool leader learns how to use the tax exempt status of another group.
Paying your homeschool graduation speaker
How to pay your homeschool graduation speaker.
Calendar of Board Topics for Homeschool Groups
A list of topics for your board to discuss each month.
How to change your nonprofit’s fiscal year
A homeschool leader wants to change her co-op's fiscal year.
Easy to understand financial reports for a homeschool organization
I recommended a homeschool organization consider a Chart of Accounts similar to the IRS Form 990 and other nonprofit organizations.