Crowded

TL;DR

A specialized neo-bank for nonprofits that handles the stuffy tax forms and member dues so you do not have to.

Who is this actually for?

Club treasurers and small 501(c)(3) founders who are currently mixing personal and business expenses on Venmo.

The Good

• Automates the 990 tax filing process, which is a massive headache for small organizations.
• Allows for digital collection of dues without the nightmare of tracking manual bank transfers.

The Catch (Potential Downsides)

Expect some transaction fees that might sting if your donation volume is low. Getting a nonprofit board to agree on switching banks is usually a multi-month bureaucratic slog.