4-H Financial Management Resources

Money raised in the name of 4-H must be handled properly.  4-H money is public money and was raised with the specific purpose of supporting and furthering educational programming for youth.  There are implications not only for the use of 4-H money, but there are also implications of insurance, liability and other risk issues for any major expenditure.

In a statistical analysis of the information provided by clubs within their annual charters done in 2015, it was found that the average 4-H club in Wisconsin has

  • 30 youth members
  • 8 adult volunteers
  • An annual income of $1,800; 67% of which is generated through fundraising and 20% of which is generated through dues, donations and youth development services
  • Annual expenses of $2,600; with 12% of that being spent on community service, and 40% spent on positive youth development/educational programming

All 4-H Clubs/Groups that have a checkbook must complete the 4-H Club/Group Annual Financial Report as part of the Annual 4-H Charter Renewal process.  This report includes documentation of 4-H funds received and disbursed, documentation of all 4-H accounts held by the Clubs/Groups and annual audit information.  The 4-H fiscal year is July 1 through June 30.  It is recommended that the 4-H Annual Financial Report be completed shortly after the end of the fiscal year.  4-H Clubs/Groups must comply with state and federal laws for nonprofits and IRS requirements. Wisconsin 4-H Clubs/Groups are federally tax exempt through inclusion as a subsidiary of the General Exemption Number (GEN) held by University of Wisconsin-Extension for 4-H Clubs/Groups.

More in this Section

Section Home
  • Draft Resources