strong treasurers
990-EZ Extension: What is IRS Form 8868?
If you’re a small, tax-exempt organization with gross receipts averaging between $50,000 and $200,000, you are likely eligible to file IRS Form 990-EZ. This form is due on the 15th day of the 5th month after your financial year ends. So a group with a January 1 start date needs to file by May 15th.…
Nonprofit Best Practices: Fiscal Year Alignment
Many nonprofits find themselves in a situation where their budget period, bylaws and financial software don’t align with their official year as stated with the IRS an their Secretary of State. While it’s possible to manage this with extra effort (and risk), there’s a much simpler solution: fiscal year alignment. Benefits of Fiscal Year Alignment…
Getting Started as Treasurer [Video]
So, you’ve just become the new treasurer for your nonprofit. Way to go! But now what? Here are a few tips to help get you started. Ideally, you’ll work with the outgoing treasurer to learn what you need to do in the treasurer’s role and how to do it. If possible, you’ll want to meet…
Reasons to Use Check Request & Reimbursement Forms
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. I’m the co-owner of MoneyMinder, where our goal is to make your life as a volunteer way easier. Today I’m answering the following question: Are check request forms and reimbursement forms…
How to Present the Treasurer’s Report at Your Next Board Meeting
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 we’re hoping to make your life as a volunteer easier. Today I’m answering the following question: How do I present a Treasurer’s Report at my board meeting.…
Accounting for Sports Teams: 10 Basic Tips
Accounting for sports teams is a little more complicated than simply reading the scoreboard. However, it doesn’t have to be too challenging when you follow these helpful tips. Help your team by handling accounting curve balls with aplomb. 1. Evaluate Take stock of how team accounting has been done in the past. Did the previous…
Treasurer Transitions for PTAs & PTOs
Spring means baseball, cookouts and gardening, right? Well it can also be a busy time for Treasurers of PTAs and PTOs. Behind T-ball practices and car-wash fundraisers there are PTA and PTO Treasurer transitions taking place and to ensure your changeover is a smooth one, we have some tips for success. Here is how to…
Volunteer Treasurer Responsibilities
Here is a straight-forward breakdown of volunteer treasurer responsibilities.
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Connect your Bank, Paypal and Square accounts to MoneyMinder PRO to directly download transactions, saving you time and effort. You just review the transactions to ensure they are properly categorized and fill out any required fields.
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Connect your Bank, Square and PayPal accounts to MoneyMinder PRO to directly download transactions, saving you time and effort. You just review the transactions to ensure they are properly categorized and fill out any required fields.