volunteers

avoiding-board-member-burnout-nonprofits

Alleviating Board Burnout: Rekindling the Passion in Nonprofit Directors

Much like in the business world, in the world of nonprofits, the dedication of the Board of Directors is a driving force. Having a passionate leader can be a catalyst for change. But even the most committed individuals can experience burnout. The challenges of the nonprofit sector — big fundraising goals, unproductive board meetings, lack…

nonprofit-meeting-minutes-requirements-irs

What are the IRS Requirements for Keeping Nonprofit Meeting Minutes (Tax-Exempt and 501(c)(3) Organizations)?

501(c)(3) board members make sure an organization follows the rules, looks after its money, and plans for its future. Board members need to be honest, and the IRS has published guidance in their Good Governance Practices document to guide them. This document underscores the IRS’s belief that a well-governed organization is more likely to operate…

getting-started-as-treasurer

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…

treasurer on the audit committee

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…

celebrate-national-nonprofit-day-free-social-media-templates

Celebrate Champions of Good on National Nonprofit Day

From donuts to cats, there seems to be a holiday for everything these days. While some holidays have emerged as marketing opportunities for businesses to promote their products, others are an opportunity to pause, recognize and learn about different cultures, causes and aspects of life. One of those such days is National Nonprofit Day. What…

Service Club Membership Drives

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 —…

nonprofit-banks-financial-institutions

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…

handle-bad-check-nonprofit

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…

Setting-Up-501C3

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…

nonprofit-adjustments-mid-year

Making Adjustments Mid-Year Based on a Budget Analysis

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. Let’s talk budgets! JoAnne writes: We are approaching mid-year, and so far, we have done really well with fundraising. So well that we want…