cash

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…

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…

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…

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…

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…

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.…

10 Banking Rules for Small Nonprofit Groups
Over our 17 years in business, we have learned a lot about best practices for nonprofit banking. When it comes to dealing with your money-whether cash or cash equivalents-having processes and guidelines in place can make all the difference in clean or messy books. Of course, these aren’t really official rules. We work with thousands of…

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…