Accounting & Budgeting
Relevant Skills
Published Date
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Accounting Help Needed For Start-up Nonprofit
1. Confirming an appropriate accounting method (cash vs. accrual) for our organization.
2. Reviewing our nonprofit’s business bank account structure and policies.
3. Help selecting a suitable accounting software with nonprofit functionality (e.g., fund tracking, donation reports).
4. Developing a chart of accounts tailored to our programs, operations, and funding sources.
5. Establishing a system for tracking donations (cash, online, in-kind) and generating donor receipts.
6. Creating a process for acknowledging and documenting in-kind donations with fair market value.
7. Ensuring compliance with tax requirements, including IRS Form 1023 (in progress) and future Form 990 filings.
8. Registering for payroll taxes and determine next steps for payroll setup.
9. Reviewing options for payroll providers and tax filing assistance.
10. Understanding documentation and reporting needed for audits or grant funding in the future.
I fully acknowledge that we will likely not be able to get through all of these in 1 hour, but I wanted to give you a clear idea of what topics are on my mind regarding our nonprofit's accounting.
Sierra Overlook Animal Rescue
Location
Somerset, California
Member Since
Jun 2025
Completed Taproot Plus Partnerships
0
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