In this Non-Profit Accounting 101 workshop led by Dr. Natalie Anderson via Zoom (2 hours), Boards and staff will learn how to get on the right track to managing a nonprofit and its finances. In this workshop, you will learn the following:
What is a Nonprofit Organization?
Difference between a Nonprofit Organization and a Charity?
How Much Money Do You Need to Start a Nonprofit?
Forming a Nonprofit
Federal and State Tax Exemptions
What is an EIN
Step by step on how to apply for an EIN
Calendar vs. Fiscal Year
IRS 990
Non-profit accounting (Fund Accounting)
Restricted & Unrestricted Net Assets
Accounting Methods: Cash vs. Accrual-Advantages & Disadvantages of both
Biggest Challenges for Non-profit organizations
10 Nonprofit Best Practices
Timeline (Calendar) of different tasks throughout the year to complete
Debits & Credits
Chart of Accounts
Financial Statements
Time: Jan 12, 2021 10:00 AM Mountain Time (US and Canada)
Join Zoom Meeting
https://us02web.zoom.us/j/88051134108?pwd=aUtzVGVPOEFkeDUwY1N2UzNFNExHQT09
Meeting ID: 880 5113 4108
Passcode: 073007