Nonprofit Accounting Explained! Have you been asked to be treasurer for an association or local club?
Are you the office manager who also has to handle the nonprofit accounting?
Let The Accountant Beside You, Lisa London CPA, translate accounting into understanding for you.
This book is written for the treasurer, volunteer, or bookkeeper of Civic clubs Parent/Teacher associations Homeowner associations Scouting troops Animal rescues Private schools And other small nonprofits. Don’t worry if you don’t have an accounting degree or bookkeeping experience. Nonprofit Accounting for Volunteers, Treasurers, and Bookkeepers doesn’t treat you like you are doing nonprofit accounting for dummies. Instead, Lisa translates complex concepts into easy to understand bites. The step-by-step instructions have loads of illustrations to help you create and operate a solid and reliable nonprofit bookkeeping system, with controls to keep the money safe and you above suspicion.
With this comprehensive, easy-to-understand guide, you’ll Simple and effective internal accounting controls to safeguard your organization’s money. What is different about accounting in a nonprofit versus a business. The IRS requirements for acknowledging donors. How to prepare payroll and file the necessary tax forms. Line-by-line instructions on completing the IRS Form 990EZ. How to tell if you have Unrelated Business Income and to prepare the related tax form-990-T. And so much more. The book also includes an example of a simplified UCOA (uniform chart of accounts for nonprofits) and a checklist of basic accounting requirements to close out your month.
Having been bit by the writing bug, I began to see stories all around me. When my neighbor Hilde mentioned how much she had enjoyed her Hitler Youth group, I was intrigued. Not long after that, I was helping my 100 year-old Granny pack up things and found a beautiful embroidered tablecloth that looked almost new.
“Granny, I’ve never seen you use this. Why not?”
Sadness engulfed Granny’s face. “My brother, Bud, told me he got it off a German family when he was in the war. Every time I used it, I pictured that poor German family with a bare table.”
Needless to say, it broke my heart to see her so sad. When I mentioned it to my German neighbor, Hilde stopped me.
“Tell your grandmother her brother helped a German family. We were starving after the war. So people would trade their table linens for food. If the American soldiers had not ignored the non-fraternization rules, many of us would have starved.”
Not only did this make my grandmother feel much better, at that point, I knew I had a novel that had to be written–a World War II novel written from the German civilian perspective.
When I get focused on my writing, my husband Skip and our four children think I have completely forgotten how to cook or to help on our small farm in North Carolina. When not writing, I enjoy spending time on the coast, paddle boarding, kayaking, and boating with the family.