treasurer tips
How to Deal with Nonprofit Board Decisions that You Don’t Agree With
In the nonprofit world, many factors go into board decisions—budgets, strategy, stakeholder interests and more. It’s inevitable that, at some point, you’ll find yourself in disagreement with a board decision. In this week’s Two-Minute Treasurer Tip Podcast, Cyndi shares some tips for navigating these waters and turning moments of tension into an opportunity for growth.…
Video Series Helps New Volunteer Treasurers Navigate the Role
If there’s one thing we know here at MoneyMinder, it’s the unique challenges faced by volunteer treasurers. With no prior experience, it can be confusing (even downright scary) to take on the financial responsibilities of a nonprofit group, club or association. That’s why we’re excited to announce our new video series, “Strong Treasurers, Strong Communities.”…
New Year Startup Tips for Nonprofit Treasurers
Welcome to the Two-Minute Treasurer’s Tip Podcast. I’m Cyndi Meuchel, and today we’re talking about New Year Start-Up Tips for volunteer treasurers. So, is your group maybe just starting up a new financial year right now? Do you have a changeover in officers? Are you trying to get your feet on the ground and your…
Your First 30 Days as a Parent Group Treasurer
Taking on the role of PTO/PTA Treasurer can be both rewarding and challenging. As the financial point person for your parent group, you’re responsible for ensuring that funds are managed effectively and transparently. You’ll also be providing this information to your group so that they may make sound and accurate decisions. However, your experience in…
PTO / PTA Treasurer Duties: A Month-to-Month Guide
Raising your hand to be your PTO or PTA Treasurer might seem like a straightforward task. How complicated can it be to manage your Parent Teacher Association or Organization finances? In reality, the role carries significant responsibility. From adhering to your group’s bylaws to complying with IRS regulations if you’re a tax-exempt organization, the financial…
The Nonprofit Officer Exit: 5 Steps for a Compliant Transition
In this week’s Two Minute Treasurer Tip Podcast, Cyndi discusses the topic of the nonprofit officer transitions. The officer exit is an occurrence every small nonprofit will go through, with some going through it each year. Here’s a transcript, with an audio below. Transitioning treasurers in an organization usually requires a fair bit of training.…
How to Prepare for Your Nonprofit Group’s Audit
Welcome to the Two-Minute Treasurer’s Tip Podcast. I’m Cyndi Meuchel, and today we’re talking about how to prepare for your audit. Ideally, you will have been preparing for your group’s audit, or sometimes it’s called a financial review, all year long by tracking transactions, reconciling your bank accounts, and basically keeping your paperwork organized. If…
Year-End Tips for Outgoing Nonprofit Treasurers
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 year-end tips for treasurers who will be ending their tenure. School group treasurers, you will also find this PTO/PTA Treasurers Year-End Checklist handy. If you’re getting…
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…