Board of Directors
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…
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…
How to Settle HOA Disagreements
When you purchase a property that is managed by a Homeowners Association (HOA) or Property Owners Association (POA), you should make sure you understand the rules. Go through the Covenants, Conditions and Restrictions (CC&Rs). Whew, that’s a lot of acronyms! Maybe the CC&Rs don’t seem like a big deal at the time you purchase your…
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…
Small Nonprofit Leadership: 10 Strategies for Success
Having a leadership role in a small nonprofit like a parent group, service club, sports team or more can add a lot to your plate. These are almost always volunteer positions for already busy people. And whether your group is a team of three or a small army consisting of a Board of Directors, officer…
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…
Preventing Volunteer Burnout
According to the U.S. Census Bureau, the national rate of volunteerism fell to a low point of 24.9% in 2015. Then, remarkably, the Corporation for National and Community Service reported that volunteerism reached an all-time high in 2018 at 30.3%. It’s amazing what can change in just a few years. Depending on your organization type,…
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…
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Connect your Bank, Square and PayPal 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.