Nonprofit

Best Nonprofit Tax Software for NGOs

Non-profit tax software is an essential tool for charities and nonprofits. In this article, we’ll cover some of the top nonprofit tax software available to help ambitious organizations with their tax compliance needs.

In recent years, nonprofit organizations have been required to become increasingly more transparent in their financial records and operations. Nonprofit software has provided a variety of new solutions for nonprofits to remain compliant while streamlining workflows within financial departments.  

Nonprofit software also helps by improving organizational visibility, which allows organizations to have accurate information about the state of their finances at all times. Since making data readily accessible can sometimes be challenging, especially when dealing with numerous teams working across various geographical locations – effective management tools are essential.

Donor Perfect Overview

Donor Perfect is an online resource management platform designed to help nonprofit organizations streamline operations and facilitate a better donor experience.

The Donor Perfect solution offers 3 main features: 

  • Web Fundraising Portal – A customizable, web-based portal that you can send to your donors via email or social media campaign. Your supporters will be able to make online donations quickly and securely, as well as manage their personal profiles, view donation history, update contact information, etc. 
  • Nonprofit Management Software – This software helps maximize the value of every dollar donated by providing robust reporting tools that allow for full transparency between organization executives and funders. 
  • Online Donation Forms – With Donor Perfect’s easy-to-customize fundraising forms, nonprofits can collect donations through website popups, in-app overlay forms, SMS, and email campaigns. The donation data is then seamlessly integrated into the Donor Perfect platform for streamlined management and reporting.

CaseWorthy Overview

CaseWorthy is a comprehensive operational and financial management solution for nonprofits. The software helps improve case management, fundraising operations, and the overall efficiency of non-profit organizations.

Some key features include:  

  • Online donations portal – users can collect donations on any website or social media page with their custom donation forms and easily embeddable buttons. This allows supporters to contribute in the way that they prefer while cutting down on time spent collecting data online rather than doing outreach activities 
  • Offline donations – Organizations don’t have to worry about losing potential donors just because they’re offline. CaseWorthy allows users to accept offline donations and process them on the go with their mobile devices and computers 
  • Financial management – With easy-to-use financial tools, organizations can stay organized and on top of spending while also gaining valuable insights into how donor contributions are being used. The solution provides intuitive budgeting controls as well as real-time analytics for better oversight of business performance.

Every Action Overview

Every Action is a full-featured fundraising and donor management solution that gives nonprofits the ability to better manage their donors, fundraisers, donations, and events.

Some of the key features include: 

  • Donor Profiling – Get detailed insights into your supporters through integrated demographic data such as age, location, and interests 
  • Online & offline donation tracking – track all contributions regardless of how they were received or where they come from e.g. social media page, website form, or offline in cash 
  • User-friendly donor portal – Engage with your donors and keep them updated on the latest organization news. They can easily update their profiles and personal information 
  • Predictable Payments – Every Action’s predictable payments feature allows organizations to process recurring contributions to ensure steady support 
  • Event management – plan, organize and report on your events. Track attendee information like name, email address, phone number, employer, and more.

Aplos Overview

Aplos is comprehensive nonprofit management software that helps organizations streamline operations and better engage with their donors. Some of the key features include: 

  • Nonprofit dashboard – Comprehensive overview of all organization’s performance data, including total raised funds for a period, average donation size, number of fundraisers conducted during the year so far, etc. This makes it easy to track progress and identify areas where more attention is needed 
  • Actionable analytics – Gives nonprofits the ability to benchmark their performance against other similar organizations. Aplos also provides real-time insights about online fundraising campaigns by tracking visitor behavior on website forms 
  • Donor Portal – Allows supporters to manage personal profiles through which they can review past contributions, update contact information or preferences and view the impact of their giving 
  • Fundraising & event management – Facilitates creation and tracking of fundraising campaigns online as well as offline, such as cash or check donations. It supports all major donor acquisition channels like online ads, direct mail, email campaigns, and social media 
  • Donor Engagement – Provides comprehensive tools for donor engagement including newsletters with actionable content to drive engagement and increase retention rate. Aplos also facilitates one-on-one communication between donors through phone calls or emails that can help organizations get better acquainted with potential contributors; this ultimately results in the development of long-term relationships  

Network for Good Overview

Network for Good is an online fundraising platform that offers nonprofits the ability to launch, manage and optimize online fundraising campaigns. Some of its key features include: 

  • Integrated dashboard – Allows organizations to view revenue performance reports and access donor reports from a single location
  • Dedicated customer support – Network for Good’s service team provides around-the-clock assistance in addition to personal attention during onboarding 
  • Campaign management tools – Enables creation and management of marketing strategies such as email, events, donation pages, offline contributions and more 
  • Mobile capabilities – Lets users conduct transactions with ease using mobile payment services or text donations  
  • Social media integration – Integrates with social channels like Facebook and Twitter so supporters can easily share updates about their favorite causes or make donations on the go.

People Also Ask: Nonprofit Tax Software FAQs

What is the difference between 990 and 990-EZ?

The 990 is an extensive form required of larger nonprofits. The 990-EZ is a briefer version designed for smaller ones.

What tax returns do nonprofits file?

There are four main types of tax returns for nonprofits: Form 990, Form 990-EZ, Form 990-N, and Form 1041. You can file all but the last one with TurboTax Deluxe.

Is there a TurboTax for nonprofits?

TurboTax Deluxe is very similar to TurboTax for individuals, with the exception that it includes tools specifically geared towards nonprofit filers. Some of these additional features include: 

  • A special screen enables users to easily choose whether they want their charitable contribution to be claimed as a deduction on Line 23 (Nonprofit Organizations), Line 14 (Donations) or Line 1 (Adjusted Gross Income). 
  • It also determines whether the organization can receive deductible donations from other taxpayers.
  • The software guides users through steps necessary to determine if their contributions are tax-deductible and which forms should be filed in order to claim them.

How do nonprofits get tax returns?

Nonprofits use Form 990 – Return of Organization Exempt From Income Tax to report their financial information. TurboTax Deluxe guides you through the process of completing Form 990.

Meanwhile, TurboTax Federal Free Edition is free online tax software for nonprofits wanting to file a Form 990 EZ, which only requires reporting gross receipts of $50,000 or less.

Can you file Form 990-EZ electronically?

No. Nonprofits with $50,000 or less in gross receipts can file their 990-EZ tax forms electronically by accessing the IRS website directly.

Can you file form 8868 electronically?

No. TurboTax does not offer any software that can electronically file Form 8868. However, nonprofits with less than $50,000 in gross receipts can submit their tax forms via mail or IRS e-file.

Who can file 990-EZ?

Nonprofits with less than $50,000 in gross receipts can file their 990-EZ tax forms directly with the IRS.

Can nonprofits use TurboTax? 

TurboTax has several products specifically designed for nonprofits. It helps nonprofits prepare and e-file Form 990, Form 990-EZ or Form 990-N. This product is only available through the TurboTax Deluxe program.

Can QuickBooks do a 990? 

Nonprofits with QuickBooks can download the TurboTax Nonprofit Bundle to import financial information into their accounting software. This bundle is only available through the TurboTax Premier program. 

Is ZipBooks good for nonprofits?

ZipBooks is a nonprofit expense management software that has been developed with assistance from Intuit. It gives nonprofits the ability to automate billing, electronic payment acceptance and support for PayPal transactions.

Can you file a 990 electronically?

TurboTax does not offer any software that can electronically file Form 990. However, nonprofits with less than $50,000 in gross receipts can submit their tax forms via mail or IRS e-file.

View All The Stories