Since government deregulation, the number of nonprofit organizations has rapidly increased. The development of non-profit organizations in Taiwan has reached a mature stage with the economic growth, social diversity and the increasing number of non-profit organizations. However, the growth of non-profit organizations also results in problems in management. Philanthropy is still a fairly new concept, and many charity activities are not well regulated or supervised. These issues could limit the growth and development of non-profit organizations. Currently the government and/or their affiliated business corporations sponsor a great number of non-profit organizations. Soliciting for endowment will be a critical issue in non-profit organization operations in the future. In recent years both pledging as well as soliciting activities significantly increased in response to a few natural disasters. Nearly a hundred organizations of various sizes began fund raising to provide aid for all elements of disaster relief. These efforts gave proof to the growth and effectiveness of non-profit social service organizations, but also raised questions about the proper use of donated funds. As the relief funds are rapidly collected, many have doubts as to managing the sources and use of the funds. The regulatory bodies cannot seem to supervise all the non-profit organizations effectively. Taiwanese non-profit organizations need to be responsible in the handling of public resources entrusted to them and openly disclose their use of funds in order to improve their credibility in the eyes of the public. Currently, however, there are not yet general principles widely accepted to maintain the quality of reports. Therefore, the full disclosure of financial information is only on the voluntary basis for non-profit organizations The financial disclosures system on the internet can provides two important functions. First, the on-line contribution querying function for contributors, querying the contribution detail, the contributor can make sure the date and amount of contribution transactions are recorded correctly. The potential errors or frauds like the contribution may be posted to wrong contributor/revenue account, the contribution may not be journalized/posted to contributor/revenue account, the receipts may not be deliver to the contributor or the fictitious receipts may be made to the contributor will be avoided. The inherent risk of contribution revenue will also be reduced. The system can also help the judgment of the existence or occurrence, completeness, valuation or allocation and presentation and disclosure assertion for the contribution revenue cycle. Contributors make sure the revenue and unused amount helps the audit effort for the expenditure cycle and cash account. Second, the on-line financial statement querying for all internet users, every internet user can query the financial statement of the NPO on-line. It means that everyone will participate the auditing mechanic through the internet querying. Because of the delay of the regulations for the NPO’s financial disclosure, the governing of the NPO’s financial position, services providing, the ability of providing services continuously and responsibility of the manager can just be made by the public. Increasing the financial disclosure, we expect the accountability of the NPO will be increased and the doubt of the expenditure of contribution will be deducted. In this way, the organization will take advantages from the system and more easy to get the resources to accomplish the purpose of public welfare and the organization in the competitive environment. In a highly competitive environment, non-profit organizations compete for public support and monetary contributions in order to meet the challenges of their humanitarian mission. Proper disclosure of financial information became essential for the non-profit organizations to establish credibility to receive continued sponsorship in the future.