Nonprofit Management
8 Strategies for Reducing Conflict in Your Volunteer-Based Nonprofit
Volunteer-based nonprofits are the backbone of many communities. At MoneyMinder, we’ve been working with these groups since 2003 (and volunteering with them for a lifetime). We’ve witnessed how even the most well-intentioned groups can experience conflict. Nonprofit conflict can stem from a variety of sources, such as differing opinions, personality clashes and misunderstandings. Most of…
Annual Secretary of State Nonprofit Filings
Here at MoneyMinder, we often talk about the annual Federal requirements for small nonprofits, like filing the 990-N or 990-EZ with the IRS. But it’s equally important to stay compliant with your state’s regulations. The truth is, requirements for annual filings can vary significantly from state to state. But there are some things to keep…
How to Get Volunteers Up to Speed Quickly
As a leader, it can be frustrating when it feels easier to do everything yourself rather than delegate tasks to others. However, building a team or community to help can alleviate stress and further your cause. In this episode of the Two Minute Treasurer’s Tip Podcast, you’ll find tips to make the most out of…
Robert’s Rules of Order Cheat Sheet for School Group Meetings (PTO, PTA, Booster Clubs)
For many involved in school-based groups like Parent Teacher Organizations (PTO), Associations (PTA), Booster or Extracurricular Clubs, attending meetings can sometimes feel like wading through a sea of either formalities or chaos, depending on the nature of your group. The Importance of Structure When it comes to running a successful school group meeting, having a…
How to Find the EIN Number for Your School Group (PTA, PTO, Boosters)
School groups play a vital role in supporting schools and students. But, to ensure their continued success and avoid legal issues, it’s essential for these groups to maintain compliance with various laws and regulations. One crucial aspect of compliance is the Employer Identification Number (EIN). What is an EIN Number? An EIN is a nine-digit…
Unlocking and Maintaining 501(c)(3) Status for PTO or PTA
Being “tax-exempt” means organizations do not have to pay federal taxes under the United States Tax Code. If your charity applies for and receives 501(c)3 tax exemption designation, which is popularly known as “the charitable tax exemption,” it will allow exemption from federal corporate and income taxes for most revenue coming into your organization. Benefits…
The Nonprofit Officer Exit: 5 Steps for a Compliant Transition
In this week’s Two Minute Treasurer Tip Podcast, Cyndi discusses the topic of the nonprofit officer transitions. The officer exit is an occurrence every small nonprofit will go through, with some going through it each year. Here’s a transcript, with an audio below. Transitioning treasurers in an organization usually requires a fair bit of training.…
How to Start a PTO or PTA at Your Child’s School
Whether it’s the need for playground equipment or funding for a class field trip, classroom supplies, technology upgrades, extracurricular programs or staff appreciation events, there are many reasons Parent Teacher Organizations (PTOs) or Parent Teacher Associations (PTAs) get started. In a nutshell, a PTOs and PTAs support a variety of activities and initiatives designed to enhance the…
What to do if Your 501(c)(3) Status Was Revoked
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 what to do if your group’s tax-exempt status was revoked. According to the IRS, if an organization fails to abide by their rules, they may be…
How to Create Effective Standing Rules for Your PTO
As an essential component of organizational governance, standing rules play a vital role in maintaining continuity, clarity, and efficiency within your Parent Teacher Organization (PTO) or Association (PTA). Whether you are creating or revising your PTO’s standing rules, let’s explore how to get started. What are Standing Rules? A list of standing rules help to…
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