Cyndi Meuchel
How to Find the EIN Number for Your School Group (PTA, PTO, Boosters)
If you’re serving in a leadership role for a PTO, PTA, booster club, or some other school group, you’ll likely need your group’s EIN at some point. But with everything involved with running a school group, it’s common for that number to get lost somewhere along the way. The good news is that finding it…
25 Best Nonprofits to Donate to (Over 95 Percent Charitable Commitment)
Every year, Forbes publishes its list of America’s Top 100 Charities, ranking organizations by private donations and evaluating them for financial efficiency, charitable commitment, and transparency. We reviewed that list and pulled out the organizations with a charitable commitment of 95% or higher — the ones where nearly every dollar you give goes directly to…
20 Budget-Friendly Teacher Appreciation Gift Ideas with Free Poems
There’s no doubt that teachers make a big difference in our communities. The average teacher impacts 3,000 students throughout their career, and nearly nine in ten people feel that a teacher has had a significant, positive impact on their life. So, whether you are gearing up for Teacher Appreciation Week, the end of the school…
How to Deal with Nonprofit Board Decisions that You Don’t Agree With
In the nonprofit world, many factors go into board decisions—budgets, strategy, stakeholder interests and more. It’s inevitable that, at some point, you’ll find yourself in disagreement with a board decision. In this week’s Two-Minute Treasurer Tip Podcast, Cyndi shares some tips for navigating these waters and turning moments of tension into an opportunity for growth.…
15 Quick & Easy Giving Tuesday Ideas for Nonprofits
Here at MoneyMinder, we’re passionate about supporting small and mid-sized nonprofits. We truly believe in the impact these organizations have on their communities and on the world around us. As the holiday season approaches, your nonprofit may find itself competing with the commercial buzz of Black Friday and Cyber Monday. How can you harness the…
990-EZ Extension: What is IRS Form 8868?
If you’re a small, tax-exempt organization with gross receipts averaging between $50,000 and $200,000, you are likely eligible to file IRS Form 990-EZ. This form is due on the 15th day of the 5th month after your financial year ends. So a group with a January 1 start date needs to file by May 15th.…
All About In-Kind Donations (with Sample Thank You Letter)
What Are In-Kind Donations? In-Kind Donations are non-cash donations that come in the form of goods or services. Unlike cash donations where funds are transferred to your group, these items must be recorded based on fair market value. Some examples of In-Kind Donations include goods (i.e. a computer), property rentals (i.e. a meeting hall), professional…
8 Strategies for Reducing Conflict in Your Volunteer-Based Nonprofit
Volunteer-based nonprofits are the backbone of many communities. At MoneyMinder, we’ve been working with these groups since 2003 (and volunteering with them for a lifetime). We’ve witnessed how even the most well-intentioned groups can experience conflict. Nonprofit conflict can stem from a variety of sources, such as differing opinions, personality clashes and misunderstandings. Most of…
Nonprofit Best Practices: Fiscal Year Alignment
Many nonprofits find themselves in a situation where their budget period, bylaws and financial software don’t align with their official year as stated with the IRS an their Secretary of State. While it’s possible to manage this with extra effort (and risk), there’s a much simpler solution: fiscal year alignment. Benefits of Fiscal Year Alignment…