Fund Accounting Without The Hassle
Aplos is specifically built to serve the unique financial needs and dynamics of nonprofit groups and faith-based organizations. You can confidently manage your books, financial health, and bottom line the right way, the first time and every time.
Perfect for both large and small organizations
Advanced accounting tools and beautiful reports for organizations that need them
World-class fund and donor accounting features specific to the needs of nonprofits and churches
Aplos is a robust accounting system that allows you to keep track of your grants, programs, and fundraising so you can give your board clarity on your finances.
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Fund accounting
Financial Reporting
Donation Tracking
Contribution Statements
Online Giving Forms & Widgets
Event Registration
People CRM Database
No credit card required. Cancel anytime.
Fund accounting
Donation tracking
Online giving forms
Financial & giving reports
Event registration
Budgeting
Accounts payable & receivable
Recurring transactions
Pledge tracking
Partner integrations
For organizations tracking budgets and financials for grants, programs, departments, or multiple locations.
Customized solutions start at $189/month. Contact our sales team for a personalized quote.
Fund accounting
Donation tracking
Online giving forms
Financial & giving reports
Event registration
Budgeting
Accounts payable & receivable
Recurring transactions
Pledge tracking
Partner integrations
Budgeting by fund
Project, campaign, or department budgeting & reporting
Fixed asset tracking
Income & expense allocations
and more...
According to the IRS, an unrelated business income is an activity that is unrelated to the organization’s goal, according to these three requirements:
1. It is a trade or business. These terms generally include activities involving making income from selling goods or performing services. It’s important to remember that even if you’re producing or distributing goods or performing services for the benefit of your organization (and still making money from them), those activities don’t lose their identity as trades or businesses. These activities that exist within a larger framework of other activities aren’t necessarily related to the organization’s exempt purposes.
2. It is regularly carried on. This rule applies if your organization is selling something that is producing revenue, and this selling has a frequency and continuity. This frequency or continuity can be comparable to commercial activities of businesses and other nonexempt organizations.
3. It is not substantially related to furthering the goals of your organization that helped determine it as exempt in the first place. Keep in mind that an activity has to be substantially related, which involves comparing the activity generating income and the organization’s goals. The activities that generate the income must contribute importantly to accomplishing the organization’s exempt purposes to be substantially related. They must also have a causal relationship to achieving exempt purposes (other than through the production of income).
Check out this video for a good example of what an unrelated business expense might be for a nonprofit or church. Say you’re selling shirts to raise money for a fundraiser. This wouldn’t be unrelated business income because it’s a one-off event. You may have additional fundraisers in the future, which is fine. As long as you’re not selling the same good or performing the same service regularly (refer to rules 1 and 2), then it’s acceptable.
In the scenario where you were selling a good or service on a regular basis to support your organization, the act of selling these goods and services is unrelated to the mission of your organization, even if the mission of your organization will someday benefit from this revenue.
Hopefully you found this information useful. If you need any clarifications about selling goods and services or have questions, feel free to comment below. We’ll be happy to answer your questions.
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