nonprofits

Treasurer's Tip Podcast

How to Develop Next Year’s Budget

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 where we’re hoping to make your life as a volunteer way easier. Lauryn writes: We’re just starting to look at next year’s budget. What suggestions do you have for getting started?…

MoneyMinder Tools

Extend Your MoneyMinder Capabilities with These Tools

MoneyMinder is the gold standard in simple accounting tools, built for volunteer-run organizations to minimize the learning curve and maximize financial management capabilities. What’s more, we make it our goal to keep our software prices low so groups can allocate more of their funds toward their mission. With features that help treasurers ensure accountability and…

Treasurer's Tip Podcast

Is it Okay to Reallocate Funds if You Deviate From Your Budget?

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 with MoneyMinder where our goal is to make your life as a volunteer way easier. Erika writes: Our budget was put together by the previous board. We are halfway thru the year…

Treasurer's Tip Podcast

Why Does MoneyMinder Name Financial Years the Way They Do?

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 volunteer way easier. Mckenzie asks: Why does MoneyMinder name their financial years the way they do? I find it…

Treasurer's Tip Podcast

Is it Possible to Change Your Financial Year?

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 volunteer way easier. Rob writes: Our group is set up with a tax year that is awkward for us.…

Sample Chart of Accounts for Nonprofits

Sample Nonprofit Chart of Accounts (PTAs, Scouts, HOAs, Sports, Social and Service Groups)

A Chart of Accounts is the foundation of a solid nonprofit group. The COA is a categorized collection of accounts where you have bookkeeping entries, including Assets, Liabilities, Income and Expenses. Each time you put money in or take money out of your group, you need to record it to the right account. A nonprofit’s…

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

How to Evaluate Nonprofit Insurance Options

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 volunteer way easier. Olivia writes: My PTO just formed. We’re trying to figure out what kind of insurance we…

Treasurer's Tip Podcast

Does Your Nonprofit Group Need Insurance?

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 volunteer way easier. Ella writes: My PTA is really small and doesn’t generate much revenue. Do we really need…

Treasurer's Tip Podcast

Do You Have to File Taxes if You Break Even?

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. Payam writes: My group is tax exempt with the IRS. Since we break even every…