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How to Track and Account for Nonprofit Restricted Donations

What are restricted donations?  A restricted donation is one that a donor gives to a nonprofit organization (NFP) to be used for a specific purpose.  For instance, a donor gives a check to a nonprofit that includes a restriction to pay for a computer program.  This...

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8 Reasons for a Nonprofit to Track Donors

There are many important things that need to be tracked in a good bookkeeping system for nonprofits. However, I can’t emphasize enough the need to have a detailed system for tracking donors.  As in a for  profit business that wants to know everything it can about its...

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