treasurer
Cash Flow Management for Clubs, Teams and Parent Groups
Simply put, cash flow management is tracking the money that comes in and out of your nonprofit. It’s one of the essential duties of a nonprofit treasure! If you don’t manage your cash flow, you are putting your nonprofit at risk of more than just cash shortages. Losing a donor or having to cancel a…
Church Treasurer Duties, Explained
A higher power has called upon you to help your church or faith-based organization as the treasurer. Now what? The Church Treasurer assumes an important duty that has a direct impact on the success of the church. Maintaining solid financial footing helps the church complete its mission by having funds to complete its community and…
Nonprofit Tax Returns: Which Forms to File, and When
Most tax-exempt organizations are required to file an annual nonprofit tax return with the IRS. Which form you file typically depends upon your financial activity, as indicated below. Following are some general guidelines for determining which tax form to file with the IRS: Form 990-N e-Postcard — Gross receipts normally ≤ $50,000 | IRS 990-N…
A Guide to Getting Started as the Scout Unit Treasurer
Have you been promoted from Scouting Parent to Scout Treasurer? Congratulations! You’re about to embark on an amazing adventure. Put on your uniform and let’s get started! Start by registering as a Scout Leader on the Boy Scouts of America (BSA) website. This may require a background check. Plan to attend monthly roundtables with the…
The Ultimate Guide to Financial Best Practices for PTO Treasurers
School Parent Groups are known for their fundraising brilliance. Parents, teachers, faculty and students do amazing work creating new ways to pay for everything from new playground equipment to classroom supplies. But let’s get down to the brass tax of this post: what happens after the money comes in? Why Finances Matter to School Parent…
Try This Simple Budgeting Process for Your Nonprofit Organization
Does your nonprofit need to budget? Yes, and here’s why. The budget provides a framework for organizational decision-making. Developing a budget helps your board make choices between projects. Using it helps to maintain focus on what’s most important to your group. They help set expectations for an organization, tell us what we expect to achieve,…
Quarantine Coffee Chat [Video]: Tools for Keeping Your Group Moving Forward
How has your nonprofit group been impacted by the COVID-19 outbreak and subsequent distancing measures? We’ve been getting a lot of phone calls, chats and emails with questions from our customers, and we thought we’d address some of them here. Tools for Keeping Your Nonprofit Group Moving Forward While some groups may have come to…
16 Steps to Prevent Nonprofit Embezzlement
Embezzlement sounds like a big word that is meant for white collar crimes on Wall Street. But believe it or not, this type of theft is all too common with nonprofit groups we work with. It could be a premeditated crime that happens over time. But even something as minor as “borrowing” from the petty…
Wrapping Up the End of Your Financial Year [Homeowners Associations]
The end of the year is approaching, which not only means wrapping presents but wrapping up your year. For some, a new year also marks a new financial year for your Homeowner’s Association. So if you’re a part of your neighborhood HOA, you may be feeling overwhelmed. Don’t worry though, we will help you figure out what…
How to Give a Treasurer’s Report at Your Next Meeting
If you’ve been newly elected as treasurer for your Parent Group, HOA, Sports Team or any other volunteer-based nonprofit organization, don’t worry. We have lots of resources to help you not just survive but succeed as treasurer. One of the first tasks you will want to master is the act of giving a treasurer’s report…
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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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