cash

Compare MoneyMinder Store

MoneyMinder Store vs. Paypal, Square, Venmo and Zelle for Groups

The History of Moneyminder Store (A CheddarUp Partnership) MoneyMinder has served nonprofit groups — like PTAs, PTOs, Boosters, Sports, Scouts, Social, Service and Faith-Based Clubs — for nearly two decades. Over the years, we’ve added countless other groups like Homeowners Associations, Volunteer Fire Departments, Historical Societies, Garden Clubs, Animal Rescue Groups and even Quilters Clubs…

Treasurer's Tip Podcast

How to Deal with Cash On Hand for Full Transparency

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 with MoneyMinder where our goal is to make your life as a volunteerway easier. Addison writes in: My group has cash on hand to make change at events. I just learned…

Treasurer's Tip Podcast

Procedures & Protocols for Handling Cash at an Event

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 our goal is to make your life as a volunteer super easy. Today I’m answering the following question: What kind of measures can I set up to…

Treasurer's Tip Podcast

Debit Cards: Pros and Cons for Your Nonprofit

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 our goal is to make your life as a volunteer way easier. That’s why we share these tips and tools, but keep in mind, every group operates…

cash handling rules

Handling Cash and Why You Should Try Not To

Cash is king, right? These days, that sentiment is becoming less true. Online banking, peer payment apps, cryptocurrency and more, cash seems like the messy big sister. Why messy? First of all, cash is tangible, and much more bound to being lost. In the same vein, it’s much easier for those handling cash to swipe…

bank accounts community groups

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.…

cash flow management for groups

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…

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…

Donation process1

The Differences Between Cash and In-Kind Donations

Donations can be a financial lifeline to many nonprofit organizations. Here we explain the types of gifts and how to process each one.