tips

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…

Pickleball Management: Building Financial Transparency and Trust in Your Club
If you aren’t already familiar with the sport of pickeball, you are missing out on a nationwide craze. What started back in 1965 has quickly grown from a niche sports to a popular pastime, captivating players of all ages. Last year, the sport of pickleball was the fastest-growing sport in the nation for the second…

Can the Treasurer Serve on the Audit Committee?
Following is a transcript of this episode of the Two Minute Treasurer’s Tip Podcast from MoneyMinder, with audio/video below. Welcome to the Two Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel and today’s topic is the annual audit, sometimes referred to as a financial review. Elija writes: I’m the treasurer of my PTA and am…

5 Steps to a Successful Service Club Membership Drive
Service Clubs are communities of individuals that are united by a common purpose: to make a positive impact in their local areas and beyond. Serving as catalysts for change, Service Clubs bring together passionate individuals to create countless acts of kindness and social change. From large organizations — Rotary, Kiwanis, Lions and Key Club —…

How to Select a Good Bank or Credit Union for Your Small Group or Nonprofit
Following is a transcript of this episode of the Two Minute Treasurer’s Tip Podcast from MoneyMinder, with audio/video below. Welcome to the Two Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel. Today we’re going to talk about selecting an ideal bank or credit union for your group, keeping in mind, not all financial institutions are…

Bad Checks: What if Your Nonprofit Receives an NSF Check?
When your small nonprofit receives an NSF (Non-Sufficient Funds) Check, it can not only be an inconvenience to deal with, but it can potentially disrupt your budget. Let’s explore how nonprofits can effectively handle NSF checks and minimize the impact on financial stability. What is an NSF Check? Sometimes referred to as a “bounced” or…

Do You Need to Change Your Financial Year Start Date?
Following is a transcript of this episode of the Two Minute Treasurer’s Tip Podcast from MoneyMinder, with audio/video below. Welcome to the Two Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel with MoneyMinder. If the idea of changing your financial year has crossed your mind, you’re going to want to keep listening. Thomas asks: We…

What Steps Do I Need to Take to Establish a 501(c)3
Following is a transcript of this episode of the Two Minute Treasurer’s Tip Podcast from MoneyMinder, with audio/video below. Welcome to the Two Minute Treasurer’s Tip Podcast. I am your host Cyndi Meuchel with MoneyMinder, and today, we’re talking 501(c)3s. Lori writes: I started a community organization that has grown, and I’d like to establish it as…