nonprofit

New Year Startup Tips for Nonprofit Treasurers
Welcome to the Two-Minute Treasurer’s Tip Podcast. I’m Cyndi Meuchel, and today we’re talking about New Year Start-Up Tips for volunteer treasurers. So, is your group maybe just starting up a new financial year right now? Do you have a changeover in officers? Are you trying to get your feet on the ground and your…

The Treasurer’s Report: Everything You Need to Know
The Treasurer’s Report is a critical document for any nonprofit, no matter the size. Many large nonprofits have an accountant they may work with to generate this report. But for smaller nonprofits — booster clubs, PTOs, PTAs, sports teams, charities, associations, clubs and more — it’s a volunteer treasurer that is compiling and presenting the…

PTO & PTA Treasurer’s Summer Checklist
10 Ways for Parent Group Treasurers to Wrap Up and Prepare As a busy parent volunteer, we know how busy the school year can be, and how quickly it can fly by. We hope you’re enjoying a well-deserved summer break filled with sunshine, relaxation, and quality time with loved ones. Savor those moments of bare…

How to Prepare for Your Nonprofit Group’s Audit
Welcome to the Two-Minute Treasurer’s Tip Podcast. I’m Cyndi Meuchel, and today we’re talking about how to prepare for your audit. Ideally, you will have been preparing for your group’s audit, or sometimes it’s called a financial review, all year long by tracking transactions, reconciling your bank accounts, and basically keeping your paperwork organized. If…

How to Get Started as a Group or Club Treasurer
So, you’ve become your group or club’s treasurer! Whether it was a volunteer move or you’ve been lovingly assigned out of necessity, this can be a rewarding responsibility—and a vital one to your club’s success. So, first and foremost, be proud of your newly assigned role. Next, it’s time to make sure you know what…

What to do if Your 501(c)(3) Status Was Revoked
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 I’m Cyndi Meuchel, and today we’re talking about what to do if your group’s tax-exempt status was revoked. According to the IRS, if an organization fails to abide by their rules, they may be…

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…

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…

MoneyMinder Recognized for Excellence in Group & Nonprofit Accounting Software
MoneyMinder, the go-to accounting tool for volunteer-based groups like parent groups, charities, boosters, and social clubs, is proud to announce its latest set of awards from Gartner. A renowned technology research firm which conducts in-depth assessments to identify leaders and innovators in various software categories, Gartner’s family of brands aim to help customers make informed…