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Fundraising is only one factor needed to run a successful nonprofit. There are also bills to be paid and taxes that are due that go along in “keeping the lights on” at a nonprofit.  A nonprofit whether large or small  should invest in a bookkeeping software to make sure that all of their transactions are in order. Nonprofit Treasurer is a software geared towards small nonprofits that will help them balance their books and build financial reports to get an accurate picture of their finances.

In Use:

The free bookkeeping software was built especially for small nonprofits and volunteer treasurers within the organization. The software enables a charity to “build trust, ease financial oversight, and reduce the burden of volunteer board roles.” Nonprofit Treasurer allows charities to build reports on their modern dashboard that’s easy to maneuver. With the software - nonprofits can import transactions, track expenses, and download budget performance reports on a monthly or yearly basis.

Ease of Use:

Users overwhelmingly agree that Nonprofit Treasurer is easy to use. Not only is it easy to use, but many nonprofits found that it was easy to learn as well.

The only issue from a functionality standpoint is that there is no “contact us” page within the website -  nor is there an email that a user or potential customer can use to contact support nor is there an “about us” page.  A recent review on Facebook stated, “when we tried to reach out to them for help we found NO contact information in the site, Facebook, YouTube, or any other place.” The review went on to say they tried to message the software via Twitter but did not receive a response.

Technology Needed:

Nonprofit Treasurer is a cloud-based software. The company boasts that their login is secure and uses bi-directional encryption. For security measures, nonprofits are allowed to give users credentials but can revoke them at any time if they were to leave the company or their role within the company changes.

Recap:

Nonprofit Treasurer is a free bookkeeping software that is geared towards small nonprofits. Nonprofit Treasurer enables users to bill, invoice, and track expenses all from the cloud. The dashboard is clean, and is easy to use which is crucial for small nonprofits who do not have a lot of time to learn new software.

Advantages:

  • Nonprofit Treasurer includes everything a small nonprofit needs to run their organization from an accounting perspective
  • Dashboard is user friendly and easy to explore
  • Reporting is extensive enough for a small charity

Disadvantages:

  • Customer Service is lacking as there is no contact page or email address
  • There is no “About Us” page and little is known about the organization
  • Website is outdated as well as the videos on their YouTube
  • Small nonprofits will eventually grow out of Nonprofit Treasurer as they get bigger

My Opinion:

Nonprofit Treasurer is a great tool for HOA boards and small nonprofits who don’t have too many expenses. Many customers commend it’s ease of use, and the reports that they are able to pull using the software.

Usually my stance on free software is to give it a try because you don’t have much to lose. That being said, I would encourage you to do your research on Nonprofit Treasurer before uploading your sensitive data. I am not saying don’t use the software – just be cautious. If it were me I would make sure I had a conversation with the founder about privacy issues and who would have access to my data before uploading it to the dashboard.

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Danielle Loughnane

Danielle Loughnane earned her B.F.A. in Creative Writing from Emerson College and has currently been working in the data science field since 2015. She is the author of a comic book entitled, “The Superhighs” and wrote a blog from 2011-2015 about working in the restaurant industry called, "Sir I Think You've Had Too Much.” In her spare time she likes reading graphic novels and snuggling with her dogs.

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