Running a nonprofit business is not an easy task. Continually searching for funding, trying to recruit the best talent, complying with the regulations and laws can be overwhelming.
Time tracking and reporting are neglected by most nonprofit organizations, but, in reality, investing in a robust time tracking solution always results in positive ROI and increased operational efficiency.
Even though nonprofits do not have to pay taxes, they still need to submit paperwork. Using IRS 990 reporting can be beneficial for your organization.
Showcasing total hours spent each year helps in supporting your cause and improves transparency with the public.
Review daily timesheets and productivity scores to identify bottlenecks and ways to improve your operations quickly.
Implementing the correct time-tracking solution always results in reduced payroll costs for part-time and full-time employees, and companies can get more things done for each dollar they invest in their recruitment efforts.
Funding is the #1 that charities need to think about daily. According to the 2020 Independent Sector membership organization report, one hour of volunteer time is worth $25.43.
Proper time calculations will ensure that you will have supporting paperwork and data to showcase when applying for grants. Many government organizations now require nonprofits to provide estimated time reports to qualify for awards.
Volunteer scheduling for nonprofits takes the guesswork out of the recruitment efforts.
By reviewing scheduling reports, managers can quickly identify efforts and estimated workforce needed to complete the projects on time.
The features and functionality of Monitask is superb! I've used a lot of time trackers in the past but this one is what I loved the most.
It has a clean and friendly interface so you won't have trouble using it if you're not to computer savvy. Keep it up, Monitask!
Once I started using Monitask, everything became objective and my time has started to become more valuable.
This objective feedback on how I'm spending my time has given me so much encouragement and motivation.
I tried a couple of different time tracking softwares and they all missed some of the features that I liked, Monitask has them all.
I really like all the different personalizations you can do, it's cool that you can have different settings for different team members.