Volunteers and Your Nonprofit
With labor costs often among the biggest items on a nonprofit's budget, and a philosophical commitment to get the public involved and interested in charitable work, bringing volunteers in to help with your nonprofit's work is a natural. (And don't forget, most nonprofit boards of directors are made up of volunteers.) However, when mishandled, volunteers can become a source of wasted time and liability. See below for tips on creating successful volunteer relationships.
Volunteers and Taxes/Money
Volunteers and Taxes/Money
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Should Nonprofit Directors Worry About Personal Liability?
A nonprofit's directors are usually -- but not always -- protected from personal liability for lawsuits against the nonprofit.
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Remind Nonprofit Volunteers About Tax Deductions for Expenses
Although they can't deduct for the value of their time, nonprofit volunteers can enjoy other tax deductions based on their service.
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What Tax-Free Benefits Can Nonprofits Give Volunteers?
Learn what type of tax-free rewards and benefits you can -- and can't -- offer to volunteers.
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Reimbursing Volunteers for their Expenses: Set Up An Accountable Plan
Make sure you have an accountable plan in place if you want to reimburse volunteers for their expenses.
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How Nonprofits Can Calculate and Report Volunteer Time in Their Financials
There are certain important ways that nonprofits can include the value of volunteer time in their financial reporting.