No commitment or credit card required.
A contribution is any voluntary transfer of money, goods, or services to a nonprofit without expecting anything of equal value in return.
Aplos allows nonprofits to record, categorize, and report contributions, distinguishing between restricted and unrestricted funds for clear financial management.
Yes, most donations qualify as contributions, but some transactions, such as those involving goods or services in return, may be treated differently for accounting purposes.
Proper tracking ensures compliance with donor wishes and legal requirements, and helps nonprofits allocate resources appropriately.
Nonprofits should provide receipts or acknowledgments to donors and maintain records for auditing and reporting requirements.