Treasurer

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Financial Management

• Oversee the financial operations of the Organization, including maintaining custody of all corporate funds and financial records.

• Keep full and accurate records of receipts, investments, and disbursements.

• Render accounts thereof whenever required by the Board of Directors or by the President.

• Ensure that the Organization operates within its approved budget, recommending adjustments as necessary.

• Perform such other duties and have such other authority and power as may be prescribed from time to time by the Board of Directors or the President.

Budget and Financial Planning

• Work with the Executive Director/CEO and/or Board of Directors to prepare an annual budget and present it for approval.

• Monitor the Organization's financial position throughout the year and provide regular updates to the Board on any significant changes or concerns.

Accounting and Reporting

• Using Wave accounting software, generate monthly profit/loss reports and upload them to the corresponding folders.

• Generate and upload all previous monthly profit/loss statements for Board review and transparency.

• Assist the Board of Directors in the annual preparation of the Statement of Financial Position, Statement of Activities, Statement of Cash Flow, and Statement of Functional Expenses.

• Ensure timely and accurate financial reporting to the Board of Directors and other relevant stakeholders.

Compliance and Auditing

• Ensure the Organization complies with all applicable tax laws, nonprofit regulations, and other relevant legal requirements.

• Oversee the preparation and filing of the Organization’s tax-exempt status documentation, including IRS Form 990 and any state-required filings.

Fundraising and Cash Flow

• Assist in the development of fundraising strategies and plans.

• Ensure that financial resources are appropriately allocated and that the cash flow is managed to meet the Organization’s operational needs.

Signatory Authority

• The Treasurer shall have signatory authority over the Organization’s financial accounts, subject to any additional requirements set by the Board of Directors.

Meetings and Participation

• Attend Leadership meetings at least once monthly to provide financial updates and collaborate on financial strategy.

Compensation and Reimbursement of Expenses
The Treasurer shall serve in a volunteer capacity and will not receive any monetary compensation for their duties, except as outlined.