Financial (fiscal) years explained. And how it impacts you.

Financial years (sometimes called fiscal years) are a new term for many non-accountants. This week we dive into what that means, how to figure out when your financial year starts, why it’s essential to know, and what the IRS requires of your group regarding reporting. We also share some links that will help you learn more: https://apps.irs.gov/app/eos/ and CharityCheck101.org

MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself. Whether you are new to your role or a seasoned veteran, these tips might just help make your volunteer experience easier.