You can create and manage fundraising campaigns efficiently, with tools that help you track progress and engage donors. The platform also provides detailed reporting features to help you analyze campaign performance. Features include comprehensive reporting tools that help you track donation trends and financial health.
Best Free Donation Software Reviews
Fundly offers a free-forever plan with no upfront cost, charging a 4.9% platform fee and credit card processing fees per donation, with no limits on campaigns or users. Give Lively offers a free-forever plan with no transaction fees, supporting unlimited users and donations. Software4Nonprofits offers a free-forever plan for up to 25 donors, with unlimited donations and reporting. Users can create unlimited fundraisers without any cost (card-processing fees still apply outside the US).
Other features may include budgeting tools, donation tracking, accounts payable and receivable tracking, payroll processing and much more. Nonprofit accounting software helps organizations manage their financial records, track donations and handle other critical tasks such as budget management and reporting. ZipBooks is a user-friendly option for nonprofits looking for simple accounting solutions. Its free plan includes basic accounting features like invoicing, expense tracking and financial reporting. While an excellent choice for smaller nonprofits, it may not have all the advanced features that larger organizations need. This helps organizations comply with the financial reporting requirements for restricted gifts.
How much is QuickBooks for a non profit?
However, one drawback is that the system comes with a steep price, making it suitable for only larger nonprofits. Aplos supports the tracking of multiple fund sources with specific restrictions and reporting requirements. You can track grants, donations, and special funds separately to support true fund accounting and compliance with state and federal regulations. It includes over 70 built-in reports that provide insights into church and non-profit performance and health. Nonprofit accounting software helps organizations manage funding, grant budgets, and track donations.
Set Up Recurring Giving from Donors
GnuCash is a free, open-source accounting software supporting personal and small business accounting. While it’s not specifically designed for nonprofits, it has the flexibility to be used by organizations that need powerful accounting tools. GnuCash’s robust features make it ideal for nonprofits with a deeper understanding of accounting and needing more detailed control over their finances. MoneyMinder’s focus on budgeting tools and fund accounting makes it particularly valuable for organizations that need to closely monitor how specific funds are being used.
- You’ll usually export your old data (for example, to CSV), then import or work with support to make sure everything transfers correctly.
- At Financopedia, we’re committed to assisting small businesses and individuals with their finances and taxes.
- For nonprofits already using Zoho for donor management or other tasks, Zoho Books can bring accounting into the same system, reducing the need for switching between different platforms.
- Whichever software you choose, be sure to select one that will meet your nonprofit’s specific accounting needs.
- To choose our picks for the best accounting software for non-profits, our team of finance and non-profit experts meticulously researched both spaces.
Features
If you’re interested in text-to-donate capabilities, you can upgrade to Aplos Core at $139 a month. The company was founded by the treasurer of a religious finance committee because he had difficulties finding software that met his needs. He created ACCOUNTS as an alternative to the more expensive and complex accounting programs available at the time. If you use these apps as part of your fundraising campaigns, you can sync the data and import transaction details to streamline your reporting.
Additionally, QuickBooks Online automatically backs up data in the cloud, so users don’t have to worry about losing important financial information. After the free trial, users can choose to continue with the Basic, Standard, or Premium plans. However, those who need more advanced features may want to consider another option. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world. As you look for accounting software, you may encounter technical terms that seem over your head. While you don’t need to become a tech head to make this decision, there is some key technical language and some key accounting terms that you’ll need to know.
- We like that the platform can track unlimited funds, including advanced audit reporting and fraud deterrence.
- As financial operators ourselves, we know how critical and difficult it is to make the right decision when selecting software.
- Using my experience with accounting software, I’ve researched and shortlisted the best nonprofit accounting software to help you keep track of financial activities and stay compliant with regulatory requirements.
- When deciding which free bookkeeping software for your nonprofit is the best fit, consider the size of your organization and the complexity of your accounting needs.
- Ease of use is critical here, as smaller organizations won’t have the funds or personnel to dedicate to advanced accounting processes.
- Some accounting software packages also offer features such as budgeting tools, performance analysis and forecasting capabilities.
Find the provider and plan that most closely matches the list of features your organization needs. With a less overwhelming set of features compared to some competitors and award-winning customer support, Realm offers churches an easy platform for managing donors and their donations. Each subscription includes a 24/7 online Help Center, phone support, online webinars, personalized training, local user groups and an annual client conference.
Key Features:
Cloud-based nonprofit accounting software solutions are far more user-friendly than their previous counterparts, enabling users to tap into easy-to-use web-based interfaces to carry out their accounting work. Though general-purpose accounting software is often less expensive than industry-specific solutions, NPOs must work harder to make general solutions fit their unique needs. For example, there needs to be ways to differentiate different donation types, like money from grants versus donors. Unfortunately, general accounting solutions don’t offer ways to manage separate funds. This results in organizations trying to make square pegs fit in round holes, relying on a patchwork of solutions, and following online tutorials to make general-purpose software work for the NPO.
Is accounting software necessary for charities and nonprofit organizations?
We were impressed with its free option and how quickly we could get its dashboard set up and customized for our specific needs. No matter which platform you choose, pairing it with a fundraising system like Givebutter ensures your data stays clean, organized, and easy to reconcile. Xero is similar to software like QuickBooks and Wave as it's not a dedicated financial software for nonprofits. It’s fully customizable to fit the needs of your growing nonprofit organization. Sage Intacct comes equipped with all the features nonprofits need to save time doing administrative tasks so they can focus on more important matters.
Fund accounting software's best accounting software for nonprofits 2023 primary goal is to show you and your shareholders, namely board members and donors, exactly where their money is going. Next, make a list of the features your organization needs to properly track, report and manage its funds and taxes. Such features may include the ability to track and allocate restricted funds, process payroll and pull reports to aid you in filing your 990 form.
