Old Records for Small Nonprofit
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- Posts: 15
- Joined: Thu Jan 02, 2014 10:53 am
Old Records for Small Nonprofit
Hi, I am a new volunteer treasurer for a small nonprofit community garden in my town. It's a small operation, with only a few thousand dollars in the bank and maybe 50 members. I also received the a suitcase of statements and records from the previous treasurer, dating back to 2003. Can I just scan all these papers, keep everything online, and shred the paper? They are mostly bank statements, receipts for anything gardening related, and old checks for membership fees. I feel uncomfortable keeping hard copy of paper, not to mention the room it takes up, but wondering if I should as this stuff does not necessarily belong to me. Appreciate any advice.
Re: Old Records for Small Nonprofit
You can likely shred without saving many of the records. Depends on your state and type of record, but I think that most anything older than about 6 years can be shredded unless your group wants to keep it for the sake of keeping it.
Scanning it and then shredding it would be easier, although there would be a cost to it.
No reason to keep the hardcopies.
Scanning it and then shredding it would be easier, although there would be a cost to it.
No reason to keep the hardcopies.
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- Posts: 15
- Joined: Thu Jan 02, 2014 10:53 am
Re: Old Records for Small Nonprofit
Great thank you for your response!