Two-Minute Treasurer’s Tip Podcast

This episode breaks down the various coverages a nonprofit may elect to get briefly discussing each and why you might consider it. MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself. Whether you are new to your role or a seasoned veteran, these tips might just help make your volun...

Yes. Just yes. In this episode, we talk about why it’s so darn important to have insurance coverage. MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself. Whether you are new to your role or a seasoned veteran, these tips might just help make your volunteer experience easier. Click...

For many volunteers, the idea of filing taxes on behalf of their organization is daunting. This week we explore the need to file a version of the 990 and how to figure out which one your group is required to submit. MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself. Whether you a...

One of the most challenging aspects of HOA leadership is enforcing the rules. This week’s podcast outlines the various stages of escalation when encouraging compliance. MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself. Whether you are new to your role or a seasoned veteran, thes...

In this episode, Cyndi discusses the kinds of things HOAs can & cannot regulate, providing examples and reasoning for HOA regulations. MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself, whether they are new to the role or seasoned veterans. Click here for a transcript of this pod...

Payment platforms have become a necessary tool for nearly all nonprofits. You want to accept credit card payments in terms of dues, membership, events, fundraisers, etc. Figuring out which payment processor is the best fit for you is like learning a second or third language. This episode explores the features & functions you want to consider when finding the right solution for your group. MoneyMin...

If you’re accepting cash at an event, impeccable money handling techniques are imperative, so money doesn’t go missing. In this episode, Cyndi talks about some of the things to consider to ensure that the management and cash tracking are accurately accounted for with a clear paper trail. MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasure...

Oh, the joys of paperwork as a Treasurer. The drive-by dumping of boxes of your group’s old paperwork on your doorstep is, unfortunately, common. This week we discuss how long you need to keep documents, tips for getting organizing, along with some suggestions about electronic document organization, using MoneyMinder. MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly tw...

Lost checks happen. Today’s tip discusses what to do when someone you wrote a check to lost it. We also talk about how and when to work with your bank to put a “stop payment” in place and what that really means. MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself. Whether you are n...

The word “audit” often strikes fear in people’s hearts. This episode explains what a mini-audit (mini-financial review) is and why it’s a good thing to conduct every month. We also share ideas for how to get other board members to help with this. Finally, we provide some links for a worksheet to step you thru your first mini-audit, making it super easy:  https://moneyminder.com/resources/sample-fu...

Keeping an accurate paper trail for your organization is one of your most important responsibilities. Dotting those i’s and crossing those t’s is what Check Request Forms and Reimbursements Forms are all about. In this week’s episode, we dive into why these types of things are necessary and how to create routines around those. MoneyMinder has been supporting volunteer-run nonprofit treasurers for...

Financial years (sometimes called fiscal years) are a new term for many non-accountants. This week we dive into what that means, how to figure out when your financial year starts, why it’s essential to know, and what the IRS requires of your group regarding reporting. We also share some links that will help you learn more:  https://apps.irs.gov/app/eos/  and  CharityCheck101.org MoneyMinder has be...

This week we explore the world of debit cards in relation to your nonprofit. Historically, nonprofit groups would write checks for all purchases. This provided some built-in safety measures. Nowadays, debit and credit cards are becoming popular (for a good reason). But they open groups up to the possibility of embezzlement & fraud. Cyndi talks about the liability of these cards and provides anothe...

This week’s tip focuses on the idea of bank reconciliations. Cyndi explains what they are, why it’s important to reconcile your bank account each month, and how to do it. She also points you to some online resources that will help make it quick and easy: https://moneyminder.com/resources/nonprofit-bank-reconciliation/ MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly tw...

In this episode, Cyndi outlines how to give a Treasurer’s Report and what your oral report should include. She also provides suggestions for handling questions you may not have an instant answer for. MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself, whether they are new to the r...