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Volunteers chat on a sunny day

What’s the Difference Between Nonprofit, Not-for-Profit, and 501(c)(3)?

Nonprofit, not-for-profit, NPO, tax-exempt, 501(c)(3)… if you’ve heard these terms and wondered whether they all mean the same thing, you’re not alone. People often use these terms interchangeably, but they actually have different meanings that affect legal status, taxes, and how an organization can operate. These differences matter when you’re starting an organization, making a…

How to get more volunteers: A woman fills out a clipboard at a volunteer table.

How to Get More Volunteers: 6 Proven Strategies to Find Volunteers for Your Nonprofit

Learning how to get more volunteers is a challenge for nonprofits of all sizes. Whether you need help with your annual fundraiser, social media management, or admin work, building a strong volunteer base is important for sustainable success. If there’s one thing to know about how to recruit volunteers for nonprofits, it’s this: make it…

Questions for Outgoing Treasurer

13 Questions to Ask the Outgoing Treasurer of Your School or Parent Group

Taking over as treasurer for your school PTO, PTA, or booster club? One of the smartest things you can do is schedule a meeting with the outgoing treasurer. Whether you’re brand new to nonprofit finances or stepping into a familiar role, a thoughtful handoff conversation can prevent confusion and set you up for success. Here…

Nonprofit Reimbursement

Nonprofit Reimbursement Approvals: Ditch the Old School Paper Chase

Simplifying Reimbursements for Nonprofits Processing reimbursements can be a time-consuming and sometimes frustrating part of your role as a nonprofit treasurer. Depending on your organization’s bylaws, your nonprofit reimbursement policy may require you to obtain approvals and signatures before reimbursing an expense. This can lead to delays in group members being reimbursed, potentially causing financial…

Digital Fundraising Trends

5 Digital Fundraising Trends for Small Nonprofits in 2025

Small nonprofits are ditching overwhelm and embracing smarter, more inclusive strategies in 2025. As technology evolves, digital fundraising continues to offer new and innovative ways to engage donors, streamline giving, and expand outreach—often with less overhead. Looking to grow your mission-driven efforts digitally this year? Here’s how to stay ahead: 1. Take It One Step…

Nonprofit Accounting Software

Do I Need Nonprofit-Specific Accounting Software?

For many volunteer treasurers, the choice of accounting software is often inherited rather than chosen. In other words, they use whatever is passed down to them. Unfortunately, this often comes with little to no training, and sometimes, the treasurer has no accounting experience at all. One of the unique challenges of nonprofit organizations-especially those run…

Track Nonprofit Equipment

Who Has the Popcorn Machine? A Simple Guide to Tracking Your Nonprofit’s Shared Assets

At MoneyMinder, we get nonprofits—because we’re all volunteers in our own respective groups. And trust us when we say, no matter how big or small a shared asset is, it will inevitably go missing at some point. And of course, it’s always right when you need it most. Many of the emerging nonprofits we serve…

Creating Nonprofit Bylaws with Example

Creating Nonprofit Bylaws 101 (with Example)

Purpose of Bylaws for a Nonprofit Organization Bylaws are like a GPS for your organization, ensuring your nonprofit stays on course as you run it day in and day out. Bylaws establish the responsibilities of the board of directors and procedures for meetings and decision-making. They also help ensure you are in compliance with state…

Nonprofit Compliance Mistakes

5 Nonprofit Compliance Mistakes—and How to Avoid Them

Running a nonprofit is no small feat. Between fundraising efforts, volunteers, accounting and meetings, it’s easy to let nonprofit compliance take a back seat. However, neglecting your compliance responsibilities can lead to fines, penalties, the loss of your tax exempt status and damage to your reputation. If that’s not bad enough, if noncompliance is not…

nonprofit risk assessment

Financial Risk Assessment Checklist for Nonprofits

Serving on the board of a nonprofit organization can be a labor of love. Whether you’re the President or Treasurer, you’re driven by a mission to make a meaningful impact. However, as they say, “with great purpose comes great responsibility.” This is especially true when it comes to managing and protecting your nonprofit’s finances. A…