treasurer
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.…
Handling Cash and Why You Should Try Not To
Cash is king, right? These days, that sentiment is becoming less true. Online banking, peer payment apps, cryptocurrency and more, cash seems like the messy big sister. Why messy? First of all, cash is tangible, and much more bound to being lost. In the same vein, it’s much easier for those handling cash to swipe…
5 Reasons Your Nonprofit Should Switch From Quickbooks to MoneyMinder
The answer to the question of Quickbooks vs. MoneyMinder depends on who is using it. Quickbooks is an excellent tool that is right for many businesses, big and small. It is owned by a company called Intuit, which also owns TurboTax, and Mint, among others. Quickbooks promotes itself as the tool to “run your whole…
Nonprofit Board Transitions: How to Get Started When the Outgoing Board is Not Helpful
Kids grow up so fast. At least, that’s what they say. And for some nonprofits — such as Parent Associations — Board Members volunteer when their children are of age, and they exit when their kids do. Having a board that comes and goes this frequently is sometimes accompanied by challenges. We’ve heard tales of…
Choosing and Maintaining a Bank Account for a Community Group
No matter how small your nonprofit is, your mission serves an important role in the community. And even if your nonprofit handles just a small amount of money, it is vital that you set up a bank account. Most community groups need a bank account to keep track of funds, protect individuals and prevent embezzlement.…
10 PTO and PTA Budgeting Tips
Depending on your parent group’s financial picture, budgeting could mean two different things. If you’re strapped for cash, budgeting means making tough decisions on programs to cut. On the other hand, if you’ve just completed a lot of fundraising activities and have good cash flow, you may have lots of programs to fund. Regardless of…
Considerations for Starting a Community Garden for Your HOA
When it comes to growing your own food, there are a great many benefits. Not only do fresh air and digging in the dirt provide some good old-fashioned outdoor therapy, having fresh fruits and vegetables on hand promotes health and wellness. But gardening as a community takes these benefits to the next level. It allows…
Are PTAs Tax-Exempt?
Most, although not all, of the groups we serve here at MoneyMinder are classified as 501(c)(3). When it comes to asking whether your PTA is tax-exempt, the first question you must answer is whether your group is registered with the IRS as such. The IRS has a convenient tax-exempt organization search if you know your…
10 Banking Rules for Small Nonprofit Groups
Over our 17 years in business, we have learned a lot about best practices for nonprofit banking. When it comes to dealing with your money-whether cash or cash equivalents-having processes and guidelines in place can make all the difference in clean or messy books. Of course, these aren’t really official rules. We work with thousands of…
Generating Nonprofit Financial Statements for Your Small Group
So, you’ve been elected Treasurer for your PTA, Booster Club, Rotary or Sports League. Even if you aced accounting in college, this responsibility isn’t to be taken lightly. Providing a nonprofit financial statement is an absolute must. Here’s why. Your board members and/or key stakeholders need to know what has changed with the finances since…
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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.
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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