The MoneyMinder Blog
Insights and strategies for volunteer and nonprofit treasurers

10 Banking Rules for Small Nonprofit Groups
Over our 17 years in business, we have learned a lot about best practices for nonprofit banking. When it comes to dealing with your money-whether cash or cash equivalents-having processes and guidelines in place can make all the difference in clean or messy books. Of course, these aren’t really official rules. We work with thousands of…

Generating Nonprofit Financial Statements for Your Small Group
So, you’ve been elected Treasurer for your PTA, Booster Club, Rotary or Sports League. Even if you aced accounting in college, this responsibility isn’t to be taken lightly. Providing a nonprofit financial statement is an absolute must. Here’s why. Your board members and/or key stakeholders need to know what has changed with the finances since…

Cash Flow Management for Clubs, Teams and Parent Groups
Simply put, cash flow management is tracking the money that comes in and out of your nonprofit. It’s one of the essential duties of a nonprofit treasure! If you don’t manage your cash flow, you are putting your nonprofit at risk of more than just cash shortages. Losing a donor or having to cancel a…

How is a Typical Booster Club Management Team Structured?
Booster Clubs exist to provide a financial “boost” for student activities. And as we’ve written about in the past, that activity doesn’t always have to be athletics. There are many types of Booster Clubs that support activities such as music, STEM, theater, arts, and sports. But how is a Booster Club managed? Whether you’re starting…

What Are the Nonprofit 1099 Rules?
Many times, nonprofits have small budgets and the work at hand can be done in a shorter amount of time compared to a typical business. This is especially true of small nonprofits largely run by volunteers, like PTA/PTO, Church Groups, Booster, and Service Clubs. It takes a village to accomplish your nonprofit’s mission. But nonprofits of…

New Integration: MoneyMinder and Join It
MoneyMinder has always been about making your life as a volunteer simple and easy. So when we find another tool that can help accomplish that mission, we are all about partnership! Join It is a membership management service that helps businesses and nonprofits effectively sell, track, and grow their membership. We thought it only fitting…

7 Ways to Handle HOA Accounts Receivable
Why did you join your HOA Board? Maybe you wanted your voice to be heard on the approved paint color schemes. Or you felt you could lend your handyman/handywoman experience to the new mailbox project. The fact is, most people join their HOA Board to help foster the betterment of their community, not to enforce…

35 In-Person and Virtual Holiday Activities for Teachers & PTAs
We’ve had quite a year and I for one am glad for the holiday season. Even though our normal gatherings will need to be altered, the holidays still provide a good distraction from the trials of the world. It’s a great time to pause and remember what’s important. For parents, teachers, students and groups like…