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Tips on Costs Reduction That Every Non-Profit Organization Should be Aware of

2018-04-02 09:14:42.0

| Author: FAS

FAS specializes in small business bookkeeping and tax services. We work closely with small businesses in Katy, Fulshear, Houston and nearby areas. Call us for Free Consultation: 832-437-0385 .






 

   A Non-Profit Organization (NPO) with a primary mission for the betterment of the society has its benefits and disadvantages, but let’s concentrate on the bright side. What other benefits does a nonprofit organization have aside from tax exemption you may ask? Read on to learn more:

 

Reduce Non-Profit Costs, Non-profit bookkeeping

Mailing Privileges!

   The USPS offers a nonprofit postage charge lower than the regular prices for eligible non-profit organization. Although there may be restrictions as to what can be mailed at those prices exercising the discount is a big help in reducing overhead costs. You can get more details here: https://pe.usps.com/businessmail101?ViewName=NonprofitPrices

   Listed below are other organizations eligible for Postal Service privileges:

  • Agricultural
  • Educational
  • Fraternal
  • Labor
  • Philanthropic
  • Religious
  • Scientific
  • Veterans
  • Some political committees

   For complete information on the nonprofit postal eligibility, see Publication 417, Nonprofit USPS Marketing Mail Eligibility.

 

Non-Profit Bookkeeping, non-profit overhead costs reduction

Lowered Prices on Products, Services or Programs!

   Many companies offer special nonprofit discount rates, you just have to explore and don’t be afraid to ask. Some companies even offer their products, services or programs for free like GitHub for code sharing and collaboration for your developers to work on projects and build software and Google: G Suite for an online software subscription that can help with the communication and content creation of the organization but of course are subject to eligibility. Some companies like Buffer offers 50% discount to all registered nonprofit organizations to help the organization in their social media marketing efforts.

    Here are some other companies that offer discounts to nonprofits:

Marketing Services:

CRMs

Others

  Read here for more information about these resources: https://www.jotform.com/blog/229-Get-a-Nonprofit-Discount-With-These-Companies

 

Non-profit overhead costs eduction, non-profit bookkeeping

Free Furniture, Equipment and Supplies!

There are corporations that make used furniture, equipment, and supplies available for nonprofit organization.  This is very cost effective since the organization don’t have to spend money on furniture, equipment, and supplies and use the money for some other NPO mission.  

Here is a look at some services and goods that offers free stuff to nonprofits:

For services

For Goods

  Read here for more information about these resources: https://sumac.com/free-services-for-non-profits/

   

    These are only some of the many companies that offer this kind of donations to non-profits. Take chances on companies that offer you their help because as long as you intend to make this world a better place, you won’t be on your own.

 

If you need help on reducing your non-profit operational costs more, as well as help with your bookkeeping and tax preparation, contact us today at cristy@fas-accountingsolutions.com or 832-437-0385.

Bookkeeping services, FAS Bookkeeping and Tax Preparation Services

 

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