Nonprofit Management
How to Choose the Right Payment Processor for Your Group
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 really easy. Today I’m answering the following question: What recommendations do you have for selecting a method…
Record-Keeping Rules: What Kind of Records do I Need to Keep?
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, and I’m the Co-Owner of MoneyMinder, where our goal is to make your life as treasurer easier. That’s why we share these tips and tools. However, remember every group operates differently,…
Building Trust in the HOA Board
Homeowners Associations (HOAs) are there to maintain common areas, landscaping, and property improvements, making sure the community is a well-kept, nice place to live. HOAs also use community funds and prohibit or allow certain activities to enforce previously established guidelines. This is where some HOAs get a bad rap. Even if it’s what they signed…
15 Youth Coaching Tips for Success
Whether you always wanted to coach or you’ve had to step in due to a coaching shortage, you no doubt want to succeed. As a coach, your leadership will touch many kids and families with lessons that can last a lifetime. These youth coaching tips span different ages and sports — soccer, baseball, softball, basketball,…
Nonprofit Board Transitions: How to Get Started When the Outgoing Board is Not Helpful
Kids grow up so fast. At least, that’s what they say. And for some nonprofits — such as Parent Associations — Board Members volunteer when their children are of age, and they exit when their kids do. Having a board that comes and goes this frequently is sometimes accompanied by challenges. We’ve heard tales of…
Choosing and Maintaining a Bank Account for a Community Group
No matter how small your nonprofit is, your mission serves an important role in the community. And even if your nonprofit handles just a small amount of money, it is vital that you set up a bank account. Most community groups need a bank account to keep track of funds, protect individuals and prevent embezzlement.…
Are PTAs Tax-Exempt?
Most, although not all, of the groups we serve here at MoneyMinder are classified as 501(c)(3). When it comes to asking whether your PTA is tax-exempt, the first question you must answer is whether your group is registered with the IRS as such. The IRS has a convenient tax-exempt organization search if you know your…
Youth Sports Award Ideas with 40 Free Printable Certificates
We may sometimes feel we live in an “everybody gets a ribbon” culture, but the truth is, some things are worth awarding. No matter what age your athletes are, it’s nice to wrap up the season with a youth sports awards ceremony. A fun way to commemorate the season is with a pizza party after…
5 Booster Club Membership Drive Ideas
There are many types of Booster Clubs that support students in anything from Sports to STEM. Whatever the money is used for, membership often makes up a large portion of the annual funds that are raised. Yet each club has its own unique structure, with some Booster Club membership spanning individuals, families and businesses. Membership…
Nonprofit Membership Levels and Names (with 15 Examples)
Membership is the cornerstone of a solid financial backbone for many nonprofits, associations, and clubs. Does your group have to have membership levels to succeed? Absolutely, not. For some groups, you’re either in or out. For others, things aren’t so black and white. Read on to learn about nonprofit membership levels (with examples) so you…