Nonprofit Treasurer Duties: Guide to Finding the Right Person [Araize]

Nonprofit Treasurer Duties: Guide to Finding the Right Person [Araize]

A nonprofit organization may or may not need a treasurer. A treasurer is a member of the board of directors who is in charge of the finances. Therefore, they should be aware of how to manage money appropriately and responsibly. They are responsible for overseeing assets and liabilities so the organization doesn’t operate at a loss or spend too much money.
[…] The person who manages finances does not have to be the treasurer. This job can be handled by anyone who is either a nonprofit accountant or bookkeeper. However, since nonprofits focus on fundraising, it is important to have a competent person fill the board position of treasurer. Some smaller nonprofits are not required to have a treasurer, but it is in their best interest to have a treasurer on the board.

Nonprofit Treasurer Duties: Guide to Finding the Right Person
Araize
28 September 2021

https://www.araize.com/nonprofit-treasurer-duties/

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