receipts

A woman holding receipts and a phone

Why missing receipts is a problem for nonprofits (and how to fix it)

A recent question on MoneyMinder’s Facebook community stopped a lot of treasurers in their tracks. A new treasurer wrote that one of her board members frequently used the nonprofit’s debit card, but never submitted receipts. The treasurer trusted that the purchases were legitimate, but wasn’t sure if she still needed the documentation. Her instinct was…

MoneyMinder Nonprofit Reimbursement Tool

How a Reimbursement Management Tool Can Simplify Life for Schools, Clubs, and Nonprofits

Managing reimbursements for a nonprofit group doesn’t sound too complicated… until you start doing it. Between tracking down missing receipts, coordinating approvals, and fielding questions about payment timelines, reimbursement management can consume hours of your time each month. If your organization requires multiple approvals before processing payments, delays are almost inevitable, leaving volunteers waiting weeks…

Small Nonprofit Group Donation Receipts 101

Donation Receipts: Who, What, When, Why and How (With Examples)

For the charitable groups that MoneyMinder serves — Parent Groups, Booster Clubs, Sports Teams, Scouts, Churches, Social and Service Nonprofits — donations are a major driver of success. After all, the support and services you provide to people come at a monetary cost. The more donations you receive, the more support and services you can…

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…