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.
A nonprofit's directors are usually -- but not always -- protected from personal liability for lawsuits against the nonprofit.
Although they can't deduct for the value of their time, nonprofit volunteers can enjoy other tax deductions based on their service.
Learn what type of tax-free rewards and benefits you can -- and can't -- offer to volunteers.
Make sure you have an accountable plan in place if you want to reimburse volunteers for their expenses.
There are certain important ways that nonprofits can include the value of volunteer time in their financial reporting.
Important screening questions.
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