administration

What is the Role of a Treasurer?
The treasurer of a nonprofit organization is usually appointed by the other members of that organization’s board. The role of treasurer is arguably one of the most important board positions in a nonprofit organization. After all, without someone carefully watching the finances and budgets, the organization has a higher chance of failing to meet its objectives.

Should Club Treasurers do a Monthly Audit, an Annual Audit, or Both?
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 monthly versus annual audits. Do club treasurers need to do both? You’re likely familiar with the idea of holding an annual audit – that’s where you…

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…

Tips for Filling Open Nonprofit Board Positions
Joining the board of a nonprofit organization can be a deeply fulfilling experience. It is a chance to contribute to your community and support a cause you care about. Whether it is for a PTO, Booster Club, Charity, Art Group or Service Club, these positions help make a tangible difference in the world. However, filling…

10 Ways for Your HOA Board to Kickstart the New Fiscal Year
Most Homeowners Associations operate on the fiscal year starting January 1st. So, welcome to a new year in the adventures of shaping your community’s future. The decisions you make in the these early days of the year will carve a path to a successful and well-managed year ahead. Steer your HOA toward a year filled…

5 Ways to Set Your Booster Club Up for Success This New Year
As the calendar turns and the new year unfolds, booster clubs find themselves in a key time to set the stage for the remaining months of the school year. While most boosters have their financial start date on July 1st, the post-holiday period offers a unique opportunity to re-evaluate your plan, reinvigorate the group and…

Alleviating Board Burnout: Rekindling the Passion in Nonprofit Directors
Much like in the business world, in the world of nonprofits, the dedication of the Board of Directors is a driving force. Having a passionate leader can be a catalyst for change. But even the most committed individuals can experience burnout. The challenges of the nonprofit sector — big fundraising goals, unproductive board meetings, lack…

How MoneyMinder Supports a Paperless Workflow for Treasurers
As Treasurer for your group, you play a critical role in managing finances and keeping track of all of the important files and information that comes with the territory. Traditionally, that involved a considerable amount of paperwork, from keeping track of receipts to filing away important documents. However, in the digital age, the need for…

10 Tips for Masterful (and Meaningful) Meetings for Small Nonprofit Groups
Is your small nonprofit group (PTA, Boosters, Scouts, Service or Social Club) struggling to make the most out of board meetings? We’ve got you covered. Let’s walk through 10 invaluable tips for conducting masterful nonprofit meetings that will elevate the impact of your endeavors. Make Every Meeting Count Meetings play a pivotal role in the…