The Treasurer, and the Board are responsible for the organization’s funds. They must manage the funds well, and document the use of the funds. If purchases are made for activities, i.e. tables, food, field day supplies, decorations for an annual picnic, then valid, legible receipts must be submitted stating the item that was purchased and for what club activity. The Treasurer may be managing the expenses for two or four county fairs in which the club is active. Receipts must be tracked to each activity, for each item purchased to ensure good money management. The purchaser of one item only has to deal with that single receipt. The Treasurer must manage, understand, and apply all of the receipts for an entire project. Committee members, Board members, vendors, and speakers: Support the Treasurer, and provide valid, legible receipts and expense reports.
About Michele Colopy
Michele Colopy, LEAD Co-Founder, holds a Master’s degree in Nonprofit Management/Arts Administration. She has more than twenty years of nonprofit experience at the national, state, and local level. She has worked with membership associations, pollinator advocacy, performing arts, housing and homelessness, foreclosure prevention, community development, and health and wellness. She was Treasurer of a State Association from 2016-2019 modernizing the accounting, co-managing a USDA grant, administering the Affiliate program, and managing two grant programs. She was the Program Director of a national pollinator advocacy NGO 2013-2019.