administration
Be Prepared with this Nonprofit Audit Checklist for Parent Groups, Teams, Scouts and More
Why Perform an Audit? The annual audit: does the very thought of it make you cringe? While some may consider this task to be a burden, look on the bright side. An audit brings credibility to your organization. The board and membership will be reassured that the financial affairs of the organization are being accurately…
Mini Audits: What They Are and How to Conduct One
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. I happen to be the Co-Owner of MoneyMinder, where our goal is to make your life as a volunteer super easy. Today I’m answering the following question: What’s a “Mini Audit”…
Reasons to Use Check Request & Reimbursement Forms
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. I’m the co-owner of MoneyMinder, where our goal is to make your life as a volunteer way easier. Today I’m answering the following question: Are check request forms and reimbursement forms…
Financial / Fiscal Years and How They Impact You
Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I’m your host, Cyndi Meuchel, co-owner of MoneyMinder, where we are hoping to make your volunteer life easier. Today I’m answering the following question: What is a financial year? Stacy writes, “I’m a new treasurer and I…
Why is it Important to Reconcile My Account?
Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I’m your host, Cyndi Meuchel, and the coowner of MoneyMinder, where our goal is to make your life as a volunteer super easy. Today I’m answering the following question: Why is it important to reconcile my account?…
How to Present the Treasurer’s Report at Your Next Board Meeting
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 we’re hoping to make your life as a volunteer easier. Today I’m answering the following question: How do I present a Treasurer’s Report at my board meeting.…
5 Reasons Your Nonprofit Should Switch From Quickbooks to MoneyMinder
The answer to the question of Quickbooks vs. MoneyMinder depends on who is using it. Quickbooks is an excellent tool that is right for many businesses, big and small. It is owned by a company called Intuit, which also owns TurboTax, and Mint, among others. Quickbooks promotes itself as the tool to “run your whole…
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…
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Connect your Bank, Paypal and Square accounts to MoneyMinder PRO to directly download transactions, saving you time and effort. You just review the transactions to ensure they are properly categorized and fill out any required fields.
Connect your Bank, Paypal and Square accounts to MoneyMinder PRO to directly download transactions, saving you time and effort. You just review the transactions to ensure they are properly categorized and fill out any required fields.
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