tips
How to Start a PTO or PTA at Your Child’s School
Whether it’s the need for playground equipment or funding for a class field trip, classroom supplies, technology upgrades, extracurricular programs or staff appreciation events, there are many reasons Parent Teacher Organizations (PTOs) or Parent Teacher Associations (PTAs) get started. In a nutshell, a PTOs and PTAs support a variety of activities and initiatives designed to enhance the…
What to do if Your 501(c)(3) Status Was Revoked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 I’m Cyndi Meuchel, and today we’re talking about what to do if your group’s tax-exempt status was revoked.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.
The Magic Formula for PTO & PTA Budgets
A budget is the foundation of success for any nonprofit, and that includes Parent Teacher Organizations (PTO) and Associations (PTA). Budgeting provides the necessary framework for decision-making and ensures resources are allocated efficiently to achieve your goals. MoneyMinder is now offering free PTO and PTA Guides, and one of those is a complete guide to…
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…
End-of-Year Checklist for PTO & PTA Treasurers
As the end of the school year approaches, many Parent Teacher Organizations (PTOs) and Associations (PTAs) have concluded the year’s major fundraising efforts. Many have even allocated all of the funds for the year, as the school shifts its focus toward year-end tasks for the last month or more. As the PTA or PTO Treasurer,…
How to Create Effective Standing Rules for Your PTO
As an essential component of organizational governance, standing rules play a vital role in maintaining continuity, clarity, and efficiency within your Parent Teacher Organization (PTO) or Association (PTA). Whether you are creating or revising your PTO’s standing rules, let’s explore how to get started. What are Standing Rules? A list of standing rules help to…
The Essential Guide to Youth Sports Team Accounting
Good accounting practices are essential for youth sports teams to ensure transparency and accountability of the funds that are collected and used. In a nutshell, you want to make sure player dues and other donations are put to good use, without extending beyond your means. With limited resources, teams must strategically allocate funds for essential…
How to Make your Treasurer Reports So Sexy People Will Look (and Listen)
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 how to make your financial reports so sexy, people will read them. So, truth be told, I Googled that topic before I started this podcast,…
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…
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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.
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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