Nonprofit Accounting Basics

Nonprofit Audits & Financial Reviews
Is it an Audit or a Financial Review? The intention is the same, as it is the same process. The difference is in who does it! If a paid tax professional does it, it will probably be called an audit. If unpaid volunteers do it, it will probably be called a financial review. We use…

Daily Operations Binder for Treasurers
Organize your Treasurer Information in a Daily Operations Binder for Efficiency:

What to Keep in Your Treasurer's Bin
An Essential Organizational Tool for Volunteer Treasurers Part of making your treasurer duties easier is making sure that you have the tools for the job and that they are handy! Most seasoned treasurers find that a bin of some sort is invaluable – this is the perfect place to store this year’s information. If the…

22 Nonprofit Treasurer Tips
As a volunteer treasurer for a non-profit organization, it is not enough to be honest; you must also take steps that will enable you to back up your honest treasury practices. Follow These Basic Treasury Tips to Protect all Individuals in your Organization: Always have at least 2 people count money Use a standard counting…

Would You Make a Good Treasurer? (Quiz)
So, think you’d make a good treasurer for your club or organization? Take our simple quiz to find out if you’re a good match. Our questions will tell what time of participation, accountability, transparency, effectiveness and efficiency you’d have as a treasurer. After you submit your quiz, we’ll tell you what your score means![mlw_quizmaster quiz=1]

IRS Form 990 FAQs
Disclaimer: We are not tax professionals. These are suggestions only. Please check with your group’s State or National Office or with a tax professional for definitive answers. If you need to start at the very beginning, please read What is a Form 990/EZ? All Tax-exempt organizations must file their income, expenses and other financial information…

Stay Tuned for a New MoneyMinder Video
We’re excited to have Varvid working on a new promotional video for MoneyMinder. Our current video is getting a little outdated, especially considering all of the new features we’ve launched. We hope this new video will give users and potential customers a better look at how MoneyMinder can transform their accounting processes. We did some…

Calendaring: The Treasury Software Feature You Can't Live Without
Have you seen MoneyMinder’s new calendaring feature? After using it for nearly a month, we don’t think we could live without it. What better place to keep track of events and deadlines related to your non-profit than the interface where you manage everything else? The calendar feature allows you to keep track of important events…

Accounting for Sports Teams 101
The cost of youth sports is on the rise, and parents may be more discerning about how those funds are spent than ever. Youth and adult sports teams are frequently managed by one or two team members or one or two coaches. Every aspect of the team – from buying uniforms to collecting dues –…

MoneyMinder Treasurer Software Celebrates 10 Years; Launches New Look, Features
MoneyMinder treasurer software has been helping non-profits organize their books and files since 2003. This week, NonProfit Central launched a brand new look and feel for the web-based software program. The new interface is more modern and intuitive to the user. Some features of the program have also been expanded: Available Treasurer Reports Banking Bank Register…