A 4-H club, like any other organization has expenses and income. The procedures used to record the flow of money, pay bills and account for ways in which club funds are used provide 4-H club treasurers with valuable experience in fiscal management. Because a 4-H club is an official entity of Cornell Cooperative Extension, it must operate within the fiscal parameters set by the CCE system. As a tax-supported organization, Cornell Cooperative Extension must ensure that all monies raised or collected by groups under its auspices are used for appropriate purposes and are accounted for properly. Club funds are considered the property of CCE, so when a club no longer exists, remaining funds must be turned over to the 4-H Youth Development program.
Last updated September 14, 2020