Nonprofit Accounting Basics

Treasurer's Tip Podcast

Is it Possible to Change Your Financial Year?

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel with MoneyMinder where our goal is to make your life as a volunteer way easier. Rob writes: Our group is set up with a tax year that is awkward for us.…

Sample Chart of Accounts for Nonprofits

Sample Nonprofit Chart of Accounts (PTAs, Scouts, HOAs, Sports, Social and Service Groups)

A Chart of Accounts is the foundation of a solid nonprofit group. The COA is a categorized collection of accounts where you have bookkeeping entries, including Assets, Liabilities, Income and Expenses. Each time you put money in or take money out of your group, you need to record it to the right account. A nonprofit’s…

Treasurer's Tip Podcast

How to Deal with Cash On Hand for Full Transparency

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel with MoneyMinder where our goal is to make your life as a volunteerway easier. Addison writes in: My group has cash on hand to make change at events. I just learned…

Treasurer's Tip Podcast

How to Evaluate Nonprofit Insurance Options

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel with MoneyMinder where our goal is to make your life as a volunteer way easier. Olivia writes: My PTO just formed. We’re trying to figure out what kind of insurance we…

Treasurer's Tip Podcast

Does Your Nonprofit Group Need Insurance?

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel, with MoneyMinder where our goal is to make your life as a volunteer way easier. Ella writes: My PTA is really small and doesn’t generate much revenue. Do we really need…

Treasurer's Tip Podcast

Do You Have to File Taxes if You Break Even?

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel, co-owner of MoneyMinder where our goal is to make your life as a volunteer way easier. Payam writes: My group is tax exempt with the IRS. Since we break even every…

How to Use QR Codes at Fundraising Events

How to Use QR Codes at Fundraising Events

Do you remember back in the day when QR Codes were going to be the next big thing? You just had to download a QR Code reader app and then you could be connected to a website in seconds, without having to type in a lengthy URL. Then, for a little while, it seemed like…

Top 10 Nonprofit Blogs 2021

Year End Round Up: Our Top 10 Posts of 2021

Wow, where has 2021 gone? This was another exciting year in the world of volunteer-run nonprofits. Just when we were getting used to managing things virtually, everything went back in person. Now it seems we will be living in a hybrid world indefinitely, and nonprofits will continue to show their resilience and adaptability as they…

MoneyMinder Survey 2021

MoneyMinder Survey 2021: Yes, MoneyMinder Saves Time!

The 2021 MoneyMinder Survey results are in! We surveyed our current user base and wanted to share some of the key findings with our audience. Although with nonprofit groups like PTAs and Sports Teams, there is often a high turnover due to aging children, we are happy to report that many MoneyMinder users have been…

Small Nonprofit Group Donation Receipts 101

Donation Receipts: Who, What, When, Why and How (With Examples)

For the charitable groups that MoneyMinder serves — Parent Groups, Booster Clubs, Sports Teams, Scouts, Churches, Social and Service Nonprofits — donations are a major driver of success. After all, the support and services you provide to people come at a monetary cost. The more donations you receive, the more support and services you can…