Two-Minute Treasurer’s Tip Podcast MoneyMinder

It’s an occurrence every nonprofit group goes through, yet there are still a number of steps your group should take to protect the outgoing officers from liability and get your new ones off on the right foot. Learn all about these in this episode.

An audit is a great way to ensure the financial health of your organization. If you’re getting ready for an audit, we have some handy tips you can follow to make it easy for all of the folks involved.

Get ready to welcome the new treasurer by preparing your books, stocking banking supplies, paying bills, and making a list of important dates. It’s also helpful to prepare an annual report and get everything organized for your financial review. In this episode, we give you some suggestions for a smooth treasurer transition.

Finding out that your group’s 501(c)3 status has been revoked can be frightening and anxiety-provoking. MoneyMinder is here to help. This episode goes over the necessary steps to take to get your group back in line with the IRS in the event you find yourself in this situation.

Monthly audits can be a great way to stay on top of your finances. They help catch errors early and make annual audits a breeze. It doesn’t take much time, allows everyone to take responsibility for the group’s finances, and creates terrific transparency.

This episode shares a few tips on thinking outside the box and coming up with inventive ways to present your reports. Don’t be afraid to experiment and try new things that will capture your audience’s attention.