Nonprofit Accounting Basics

990-N-vs.-990-EZ

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…

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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 Our current video is getting a little outdated, especially considering all of the new features we’ve launched.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…

Treasury Software Calendar View

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…

Baseball Accounting 101

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 –…

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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…

nonprofit budgeting

How to Create a Church Budget

When it comes to managing the financials of a religious institution, the key factors are organization and trust. Like any organization, it’s unwise to assume that everyone can always be trusted. Be highly organized and leave a traceable path for every move you make so that all of your financials can be accounted for. All…

homeowner

How to Collect and Manage Homeowners Fees

Note: NonProfit Central does not offer legal advice. These are simply options to consider with your HOA team and legal counsel. A Homeowner’s Association (HOA) is an organization created by the real estate developer during the process of property development. During the property development stage, The Homeowners Association is responsible for directing structural standards, design…

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How to Prevent NonProfit Treasury Fraud

The funds of small nonprofits are often in the hands of just a few, with very little upper management types to report to. With the number of hands in the treasury so limited, it might be tempting, for some, to do dishonest things with the funds. It’s the “who’ll miss this $20 from the cash…

Checklist

NonProfit Treasurer's Year-End Checklist

Spring is just around the corner, and that means, for many nonprofit treasurers, it’s almost time to pass the baton to the next treasurer. The way you leave your nonprofit’s affairs will have a huge impact on your successor’s ability to perform his or her job accurately. Will you be retaining the treasurer position for…

personal-finance

A Better Way to Manage PTA Books

Let’s face it. Parent Teacher Associations (PTAs) are volunteer-run organizations managed by people who are parents (read: people who are already extremely busy). That means, on a given day, you’re already dealing with one or more child, after school activities, homework, meals, family and friend time, all while trying to maintain some semblance or your former self.…