accounting

nonprofit tax returns

Nonprofit Tax Returns: Which Forms to File, and When

Most tax-exempt organizations are required to file an annual nonprofit tax return with the IRS. Which form you file typically depends upon your financial activity, as indicated below. Following are some general guidelines for determining which tax form to file with the IRS: Form 990-N e-Postcard — Gross receipts normally ≤ $50,000 | IRS 990-N…

cub scout treasurer

A Guide to Getting Started as the Scout Unit Treasurer

Have you been promoted from Scouting Parent to Scout Treasurer? Congratulations! You’re about to embark on an amazing adventure. Put on your uniform and let’s get started! Start by registering as a Scout Leader on the Boy Scouts of America (BSA) website. This may require a background check. Plan to attend monthly roundtables with the…

PTO-Treasurer-Financial-Best-Practices

The Ultimate Guide to Financial Best Practices for PTO Treasurers

School Parent Groups are known for their fundraising brilliance. Parents, teachers, faculty and students do amazing work creating new ways to pay for everything from new playground equipment to classroom supplies. But let’s get down to the brass tax of this post: what happens after the money comes in? Why Finances Matter to School Parent…

MoneyMinder Capterra Top 20 Software

MoneyMinder Named in Capterra’s Top 10 Most Popular Budgeting Software

Bellingham, Washington June 5, 2020 – MoneyMinder by NonProfit Central announced today that it has been named a Top 20 Budgeting Software by Capterra, an online service that helps organizations find the right software. In fact, MoneyMinder is in spot #10 with review scores of 50/50. Our small business is so proud to be named…

quarantine coffee chat

Quarantine Coffee Chat [Video]: Tools for Keeping Your Group Moving Forward

How has your nonprofit group been impacted by the COVID-19 outbreak and subsequent distancing measures? We’ve been getting a lot of phone calls, chats and emails with questions from our customers, and we thought we’d address some of them here. Tools for Keeping Your Nonprofit Group Moving Forward While some groups may have come to…

volunteer work from home coronavirus

Nonprofit Management in the Face of the Coronavirus Crisis

We know that, as a volunteer, you move mountains. And now you’re probably looking at moving mountain ranges. The rapid outbreak and spread of the novel Coronavirus is likely changing the way you manage your organization. Following are some ideas for making adjustments while still keeping things running: Managing Your Nonprofit During Coronavirus Send a…

nonprofit embezzlement

16 Steps to Prevent Nonprofit Embezzlement

Embezzlement sounds like a big word that is meant for white collar crimes on Wall Street. But believe it or not, this type of theft is all too common with nonprofit groups we work with. It could be a premeditated crime that happens over time. But even something as minor as “borrowing” from the petty…

hoa-tax-return-guide

HOA Tax Return Guide

Have you been charged with filing taxes for your Homeowners Association? In general, HOAs don’t pay taxes because they don’t have a profit. In other words, the income that comes in (membership dues, fees, assessments) is used on the usual maintenance stuff and it’s all a wash. However, HOAs must still file a federal tax…

hoa year end

Wrapping Up the End of Your Financial Year [Homeowners Associations]

The end of the year is approaching, which not only means wrapping presents but wrapping up your year. For some, a new year also marks a new financial year for your Homeowner’s Association. So if you’re a part of your neighborhood HOA, you may be feeling overwhelmed. Don’t worry though, we will help you figure out what…

treasurer report presentation

How to Give a Treasurer’s Report at Your Next Meeting

If you’ve been newly elected as treasurer for your Parent Group, HOA, Sports Team or any other volunteer-based nonprofit organization, don’t worry. We have lots of resources to help you not just survive but succeed as treasurer. One of the first tasks you will want to master is the act of giving a treasurer’s report…