Nonprofit Accounting Basics
What is the IRS 990-N Form All About?
The more tax tips you can get, the easier your treasurer job will be, right? How does the word e-Postcard sound, does it sound easier than EZ? If you are a treasurer for a small tax-exempt organization, you are probably familiar with the Form 990, if not-check out this refresher. Basically, the 990 is a form…
Is Nonprofit Budgeting Really Necessary?
You are a small nonprofit organization, committed to an important cause. Maybe you are completely run by volunteers and really; you could not be any busier. So who wants to spend the time hashing out expenses, looking at cash flow and analyzing numbers? Who has the time for budgeting when you’ve got work to…
Reconciling a Checking Account
Why it is important to reconcile a checking account, and exact steps on how to do it.
See Strength In Numbers: The Annual PTA or PTO Audit
The annual PTA/PTO financial review (aka audit) is something that often strikes fear into the hearts of many Treasurers and committee members. Many consider this mandatory task a tiresome burden at best or a complete nightmare at worst; but it doesn’t have to be that way. DEVELOP A NETWORK Utilize your local PTA/PTO community to streamline…
Managing Your Baseball Team’s Books
Are you great at keeping score at the game, but not so much when it comes to the team accounting? While there should be a healthy amount of fun involved managing a baseball team, keeping the books is serious business. National trends show that the cost of playing sports continues to increase, so it is…
Treasury for Rotary Clubs
Your Rotary Club is an integral part of your community with a wide array of goals and members all aimed at the big picture: community improvement. The Rotary’s main objectives are to promote peace, fight disease, provide clean water, save mothers and children, support education and grow local economies. “Service is not a destination; it…
Everything You Need to Know About a Nonprofit Board of Directors
Are you ready to change the world (or at least your little part of it) with your new non-profit organization? Having an understanding of the requirements for the board of directors, as well as the functions of the board, is vital to your success. First off, do nonprofits legally have to have a board of…
Types of Nonprofit Insurance
There are Several Types of Non-Profit Insurance that you Might Consider: 1. General Liability Many fundraising activities can expose third parties to potential injury during an event. In addition, any time you attend a meeting or function, the location or actual site where the meeting or function is being held (such as a school) may…
Choosing a Nonprofit Bank
How to Choose a Bank for Your Non-Profit As a non-profit organization, you can expect a lot from your bank. Assuming your account is in good standing and you follow best practices, you should be able to find a bank that will give you great service and not charge you at all for it! Shop…
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Connect your Bank, Paypal and Square accounts to MoneyMinder PRO to directly download transactions, saving you time and effort. You just review the transactions to ensure they are properly categorized and fill out any required fields.
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