Nonprofit Accounting Basics
The Magic Formula for PTO & PTA Budgets
A budget is the foundation of success for any nonprofit, and that includes Parent Teacher Organizations (PTO) and Associations (PTA). Budgeting provides the necessary framework for decision-making and ensures resources are allocated efficiently to achieve your goals. MoneyMinder is now offering free PTO and PTA Guides, and one of those is a complete guide to…
Year-End Guide for PTO & PTA Treasurers
Congratulations on a successful term as Parent Teacher Organization (PTO) or Association (PTA) Treasurer! Here is a complete, free guide with actionable steps to wrap up your year or tenure as treasurer.
Should Club Treasurers do a Monthly Audit, an Annual Audit, or Both?
Following is a transcript from this episode of MoneyMinder’s Two Minute Treasurer’s Tip Podcast. Welcome to the Two-Minute Treasurer’s Tip Podcast. I’m Cyndi Meuchel, and today we’re talking about monthly versus annual audits. Do club treasurers need to do both? You’re likely familiar with the idea of holding an annual audit – that’s where you…
End-of-Year Checklist for PTO & PTA Treasurers
As the end of the school year approaches, many Parent Teacher Organizations (PTOs) and Associations (PTAs) have concluded the year’s major fundraising efforts. Many have even allocated all of the funds for the year, as the school shifts its focus toward year-end tasks for the last month or more. As the PTA or PTO Treasurer,…
The Essential Guide to Youth Sports Team Accounting
Good accounting practices are essential for youth sports teams to ensure transparency and accountability of the funds that are collected and used. In a nutshell, you want to make sure player dues and other donations are put to good use, without extending beyond your means. With limited resources, teams must strategically allocate funds for essential…
How to Make your Treasurer Reports So Sexy People Will Look (and Listen)
Following is a transcript from this episode of MoneyMinder’s Two Minute Treasurer’s Tip Podcast. Welcome to the Two Minute Treasurer’s Tip podcast. I’m Cyndi Meuchel, and today we’re talking about how to make your financial reports so sexy, people will read them. So, truth be told, I Googled that topic before I started this podcast,…
How to Review and Amend Your Nonprofit’s Budget
A nonprofit budget is a building block to sound financial management. That said, there are times and reasons to make changes to your budget. Generally speaking, the budget is prepared by the staff and reviewed and approved annually by the Board of Directors. This is a financial map of all income and expenditures to follow…
10 Ways for Your HOA Board to Kickstart the New Fiscal Year
Most Homeowners Associations operate on the fiscal year starting January 1st. So, welcome to a new year in the adventures of shaping your community’s future. The decisions you make in the these early days of the year will carve a path to a successful and well-managed year ahead. Steer your HOA toward a year filled…
Our Top Nonprofit Blogs of 2023
As we step into a new year, let’s pause and reflect on the extraordinary journey that was 2023. Amidst challenges and uncertainties in the nonprofit world, there is a remarkable resilience, adaptability and light. Our top blogs for this year mirror the dynamic spirit of the nonprofit sector, featuring a mix of the familiar and…
Giving Tuesday Tips for Your Nonprofit
As the holiday season approaches, nonprofits around the world gear up for Giving Tuesday—a day dedicated to charitable giving and making a positive impact. To ensure your organization stands out and maximizes its year end fundraising appeals, we’ve compiled a list of valuable tips. From leveraging newer payment processors to strategic planning, these insights will…
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