MoneyMinder
Nonprofit accounting software
Nonprofit software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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$299 per year
Free TrialFree version
Small
Medium
Large
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What is MoneyMinder
MoneyMinder is cloud-based accounting software designed for small nonprofits and volunteer-led groups to track income, expenses, budgets, and bank balances. It supports common community-organization workflows such as membership dues, fundraising deposits, and check writing with basic reporting for treasurers and boards. The product emphasizes simplified bookkeeping and governance-friendly recordkeeping rather than full ERP-style finance operations.
Built for small nonprofits
MoneyMinder focuses on the needs of clubs, associations, and small nonprofits that often rely on volunteer treasurers. The workflows and terminology align with dues, donations, events, and board reporting rather than complex corporate accounting. This can reduce setup time compared with general-purpose accounting tools.
Treasurer and board reporting
The product provides financial reports intended for periodic board review and transparency. It supports budget tracking and produces summaries that help communicate financial position without requiring advanced accounting expertise. This is useful for organizations that need consistent, repeatable reporting for governance.
Simplified bookkeeping workflow
MoneyMinder is designed to make day-to-day transaction entry and reconciliation approachable for non-accountants. It typically fits organizations with straightforward cash-based activity and limited staff. For groups that do not need multi-entity consolidation or advanced revenue recognition, the simpler workflow can be a practical fit.
Limited enterprise accounting depth
MoneyMinder is not positioned as a full-featured financial management suite for complex nonprofits. Organizations needing advanced fund accounting, multi-entity consolidation, sophisticated audit trails, or configurable approval workflows may outgrow it. Larger finance teams may require deeper controls and automation than the product targets.
Integrations and extensibility constraints
Compared with broader accounting platforms, MoneyMinder generally offers fewer options for deep integrations and customization. If an organization needs extensive connectivity to CRM, payroll, procurement, or grant management systems, additional manual processes or third-party tools may be required. This can increase operational overhead as the organization scales.
Not a full nonprofit suite
While it supports accounting needs, MoneyMinder is not an end-to-end nonprofit operations platform. Capabilities such as donor CRM, program management, case management, or advanced grant lifecycle management may require separate systems. Managing multiple tools can introduce data duplication and reconciliation work.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| MoneyMinder FREE | $0 — Free | Permanently free tier that includes the budgeting tool (custom chart of accounts, goals, forecasts). After a trial the account may be downgraded to this edition; does NOT include bank/register transaction entry or MoneyMinder Store.. |
| MoneyMinder (annual subscription) | $299 per year | Full paid subscription (annual) that includes banking/registers, account integration, budget templates, reports, contact management, MoneyMinder Store (store setup free; transaction fees apply), nightly backups, role-based permissions, and included support. Starts with a 30-day free trial.. |
| Add-ons & per-service fees | See details | Optional/ancillary fees shown on the vendor site: Bank Integration add-on $59/year (site also notes Account Integration was included in the main package starting Jan 1, 2025), New Year Setup $79/year, E-file fees: 990-N $50/year, 990-EZ $99/year, 8868 $25/year. MoneyMinder Store / Cheddar Up processing examples: credit card processing example: $0.59 + 3.59% processing fee + 0.4% MoneyMinder platform fee; eCheck: $0.95 + 0.4% platform fee. Transaction/platform fees apply only to transactions.. |
