The MoneyMinder Blog
Insights and strategies for volunteer and nonprofit treasurers
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…
MoneyMinder Named to Capterra Shortlist for Church Accounting Software
MoneyMinder recently placed in a new Gartner Digital Markets report for FrontRunners in Church Accounting Software as well as Capterra’s Shortlist for Church Accounting Software. We are pleased to be among the esteemed tools in the chart below, which finds MoneyMinder at the top for Customer Satisfaction as well as Usability. If Budget Friendliness were one of…
What’s the Difference Between Restricted and Reserved (Unrestricted) Funds?
One common question we see at MoneyMinder is about the difference between Restricted and Reserved funds. What are the rules for the different kinds of funds that are raised? How they can be allocated? And how can changes be made, if at all? These questions came up a lot during Covid as organizations had to…
25 of the Most Helpful Service Project Ideas for Scouts & Other Groups
We talk a lot about fundraising on this site, but one way for people — especially today’s youth — to give back is with their time. Service projects are a great way for Cub Scouts, Eagle Scouts, Girl Scouts and other community service groups to help their community. According to the Boy Scouts of America…
QR Codes for Fundraising: Still Very Much Alive
Quick Response or QR codes were first introduced in 1994 to track vehicles during manufacturing. Then, marketers got ahold of them. From events to product packaging, the possibilities were endless. If you aren’t already familiar with them, QR codes are black and white grid shapes that are now aimed at mobile phone users. Some have…
4 Key Sports Fundraising Trends You Can’t Ignore
Are you finding that your team’s fundraising efforts have become stagnant? When concession stands are no longer footing the ever-increasing bill to manage your team, it’s time to shake things up. Something that can help with this is understanding the latest trends. To make things easy for you (which is really our goal in life),…
This Volunteer Appreciation Kit is All You Need to Show Gratitude This Year
April is Volunteer Appreciation Month and in 2021, Volunteer Appreciation Week is April 18-24. How do you plan to show a little love to your volunteers this year? In the past, we’ve tried to aid in your efforts with volunteer appreciation quotes and printable volunteer thank you cards. Last year, we shared ways to give thanks to your…
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…
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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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