The MoneyMinder Blog
Insights and strategies for volunteer and nonprofit treasurers

Sample Nonprofit Chart of Accounts (PTAs, Scouts, HOAs, Sports, Social and Service Groups)
A Chart of Accounts is the foundation of a solid nonprofit group. The COA is a categorized collection of accounts where you have bookkeeping entries, including Assets, Liabilities, Income and Expenses. Each time you put money in or take money out of your group, you need to record it to the right account. A nonprofit’s…

How to Deal with Cash On Hand for Full Transparency
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 with MoneyMinder where our goal is to make your life as a volunteerway easier. Addison writes in: My group has cash on hand to make change at events. I just learned…

How to Evaluate Nonprofit Insurance Options
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 with MoneyMinder where our goal is to make your life as a volunteer way easier. Olivia writes: My PTO just formed. We’re trying to figure out what kind of insurance we…

Does Your Nonprofit Group Need Insurance?
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, with MoneyMinder where our goal is to make your life as a volunteer way easier. Ella writes: My PTA is really small and doesn’t generate much revenue. Do we really need…

Homeowners Associations: What’s the Difference Between Bylaws vs. CC&Rs vs. Rules & Regulations
New research shows that 73.9 million Americans live in a community with a Community Association, showing tremendous growth over time (Foundation for Community Association). Call it a Homeowners Association (HOA), Condominium Owners Association (COA), or Property Owners Association (POA), the function is the same: they are a legal entity formed for the maintenance of common…

Do You Have to File Taxes if You Break Even?
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 our goal is to make your life as a volunteer way easier. Payam writes: My group is tax exempt with the IRS. Since we break even every…

Suggestions for Enforcing HOA Rules
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 with MoneyMinder where we’re hoping to make your life as a volunteer way easier. Dani writes: We have some homeowners that are out of compliance with our CC&Rs. What’s the best…

What Your HOA Can and Cannot Regulate
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 with MoneyMinder where we’re hoping to make your life as a volunteer easier. Justin asks: What kinds of things can our HOA regulate? To figure out what kinds of things…

How to Use QR Codes at Fundraising Events
Do you remember back in the day when QR Codes were going to be the next big thing? You just had to download a QR Code reader app and then you could be connected to a website in seconds, without having to type in a lengthy URL. Then, for a little while, it seemed like…