User Reviews Overview

About MoneyMinder

MoneyMinder is a comprehensive nonprofit financial management software designed to simplify and streamline financial operations for a wide range of group types. Whether you belong to a parent group, service club, youth club,...

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Feature ratings

Value for Money
4.9
Features
4.8
Ease of Use
4.8
Customer Support
5

Browse MoneyMinder Reviews

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Tammy
  • Industry: Nonprofit Organization Management
  • Company size: 2–10 Employees
  • Used Daily for 1-5 months
  • Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
5

5
Reviewed on 20/02/2020

MoneyMinder Saved the day!

Overall this has been extremity helpful in organizing our finances and keeping up with the homes that have been sold in our community.

Pros

I really like the fact that this is very easy to use. If you do not have an accounting background you can still operate within the software with limited knowledge.

Cons

The totally separate fiscal years is very limiting in some aspects. I would like to be able to print all details for the prior year for those contacts that have not paid their bill.

Alternatives Considered

QuickBooks Desktop Enterprise

Reasons for Switching to MoneyMinder

Ease of use and cost.
Deanna
  • Industry: Nonprofit Organization Management
  • Company size: 11–50 Employees
  • Used Weekly for 1-5 months
  • Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
5

4
Reviewed on 15/05/2023

MoneyMinder was the right choice for our association

I've only been using it for a couple of months, though though this time was spent verifying and reconciling past and current year, which gave me a much more thorough understanding of navigating MoneyMinder, correcting my mistakes, and learning how to use categories and budgeting. I think it is a sufficiently robust product for our 14-unit association, and I'm looking forward to exploring the features in more depth. So far, so good!

Pros

We are a small HOA association needed a simple replacement for our spreadsheets to track our accounting. After a good deal of research, I stumbled on MoneyMinder. The free trials, plus the AMAZING assistance from [sensitive content hidden] in Money Minder support to create our setup and input an entire year's worth of data for us was a game changer. And for the first time, we can easily create a budget and track our income and expenses to budget.

Cons

I would like to see a report by month of income by unit with the unit #, all in one place with totals for each unit for each month. Maybe it's there, and I just haven't found it. I think they option for accrual rather than cash accounting would be helpful, but not critical.

Alternatives Considered

Quicken

Reasons for Choosing MoneyMinder

For my own sanity when I took over as Treasurer :-) Plus we need accounting software and more automation. MoneyMinder provided that for us at a very reasonable price with incredible support.

Reasons for Switching to MoneyMinder

MoneyMinder was targeted to non-profits including HOAs, and also had the support we needed.
Stanley
  • Industry: Education Management
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source
Value for Money
4
Features
3
Ease of Use
4
Customer Support
5

5
Reviewed on 17/08/2021

Great customer service

Pros

The software itself was straight forward and easy to use.
I ran into a lot of trouble with reconciling Money Minder. [SENSITIVE CONTENT] went above and beyond to help me get it figured out.
She dis an absolutely phenomenal job!!

Cons

Nothing specific about the software was negative.

Top MoneyMinder Alternatives

Lori
  • Industry: Civic & Social Organization
  • Company size: 2–10 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 27/10/2022

Has everything without being intimating

I've been using it for 6 months. Most things I've taught myself by just looking around the software. I have called customer service when I get to stumped. Only needed to used this resource twice and both times were a quick pleasant event.

Pros

Clear menu driven software. Format, font, fields are easy to read/use without spending hours reading tutorials.

Cons

I would like to be able to create the billing statement and reports with our Logo, add my own color scheme and format.

Christi
  • Industry: Construction
  • Company size: 2–10 Employees
  • Used Monthly for 6-12 months
  • Review Source
Value for Money
4
Features
4
Ease of Use
5
Customer Support
N/A

4
Reviewed on 27/06/2022

MoneyMinder great for Booster Clubs!

Overall, my experience with MoneyMinder has been great. I was concerned coming into my Treasurer role that I would be stuck with a program I didn't like. That was not the case. MoneyMinder is so easy to use that I've suggested it to other small nonprofits I work with. It's great!

Pros

For a school booster club, accurate accounting is crucial but so is ease of use and in handing the program down to a new treasurer every year. MoneyMinder makes all of that simple! When I took over the role last fall, it was a breeze to jump in and figure it out. It made, and continues to make, my volunteer role much easier. Also, the ability to look back and compare the same events in previous years is great!

Cons

My only complaint is the added cost of integrating bank statement downloads. For a small club, we're already spending a lot for the program and don't want to add more. Just makes my job a little more time consuming to have to enter those entries by hand.

Alternatives Considered

Quickbooks Online and Wave Accounting

Reasons for Switching to MoneyMinder

Our club had been using MoneyMinder for a number of years so the history was already there. A different product would have had to offer something much more amazing to get me to switch.
Amy
  • Industry: Nonprofit Organization Management
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 05/03/2021

Outstanding Customer Service

Our organization was able to quickly work out an annual budget and follow it accordingly. I am easily able to run monthly and quarterly reports and tax filing has been made easy! The customer support is by far the best I have ever experienced with any accounting program and has gone above and beyond in order to make our departmental transitions very seamless.

Pros

It is easy to use and guides first time users in a way that is easily understood.

Cons

None. I am 100% happy.

Alternatives Considered

QuickBooks Desktop Enterprise

Reasons for Switching to MoneyMinder

The price, the ease of use, and the customer service!
Katrina
  • Industry: Sports
  • Company size: Self Employed
  • Used Weekly for 6-12 months
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 01/11/2021

This software filled in a gap from the bookkeeping done by previous treasurer

Every time I have a technical issue or a basic accounting/bookkeeping question, the staff is super fast to respond by chat. I would say they resolve all my questions efficiently and in a manner that feels personal.

Pros

This has a treasurer's report which is very easy for our board to look over that we did not have before. I can answer questions and print trails of how numbers are determined. With our last treasurer, we had to do our own calculations and it wasn't always easy to follow.

Cons

If you aren't great at understanding accounting for "restricted" accounts when the money is really all in the bank account and the restricted accounts are for information only.

Alternatives Considered

Quickbooks Online

Reasons for Switching to MoneyMinder

MoneyMinder fit the nonprofit and fund accounting easier than Quickbooks.
Shirley
  • Industry: Primary/Secondary Education
  • Company size: 2–10 Employees
  • Used Daily for 1-5 months
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 27/09/2019

Outstanding Product and Customer Service

We transition the role of treasurer every year, so having a tool that is so easy to use and has
such great technical support behind it will make our annual transitions so much smoother and easier.

Pros

It is a very straight forward product that has been easy to set up and use from day one.

Cons

Some of the reports have more columns than I would like and being able to hide those would be great. It’s probably possible but I just haven’t asked how to do it yet.

Carol
  • Industry: Civic & Social Organization
  • Company size: 2–10 Employees
  • Used Daily for 1-5 months
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 19/02/2022

Customer Service

We needed this to determine whether activities were or were not profitable in fundraising.

Pros

I am very satisfied with the quick response when I have had questions. Within minutes!

Cons

I am new to this position and was confused at first about the software, but as I work with it I have become more comfortable.

Alternatives Considered

QuickBooks Online Advanced

Reasons for Switching to MoneyMinder

Price, and that it's intended for non-profits specifically
Aimee
  • Industry: Nonprofit Organization Management
  • Company size: 201–500 Employees
  • Used Weekly for 1-5 months
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 25/03/2020

Excellent product and Excellent Customer Service

The customer service team is PHENOMENAL. Anytime I have a question, they respond very quickly and are super helpful.

Pros

This system is great in that it combine expenses and revenue on the same line item, which is way easy than Quickbooks. Also the ability to download transactions directly from PayPal is life changing for me.

Cons

It can be a little confusing trying to figure out what reports to run.

Joy
  • Industry: Primary/Secondary Education
  • Company size: 11–50 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
5
Features
4
Ease of Use
5
Customer Support
5

4
Reviewed on 07/08/2019

Value to Valur

I definitely appreciate the fact the system stores the information off site. The fact that that those that we allow to have access to the money tracker can look into the accounts but are unable to make changes. Forms are easily available for the treasurer report and daily needs.

Pros

The to which set up Vendors. Transaction reports are easily available. Reconciliation of multiple accounts.

Cons

Didn’t have the ability to search by dollar amounts.

Response from NonProfitCentral

Hi Joy! Did you know you could search by dollar amounts by using your browser's built-in search function? Just a tip.

Replied 04/09/2019
Leslie
  • Industry: Nonprofit Organization Management
  • Company size: 11–50 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 21/03/2018

I have never had a problem with MoneyMinder in the 4 years that I have used it.

Whenever I call the company or email, I get a response very quickly and they are always so helpful and kind.

Pros

I like that it is easy to use and provides different reports. It is not difficult to enter the information you need for your organization. It is easy to make a correction if needed. With this program, it is easy to reconcile your bank statement. Wonderful to upload your budget for the year and again, easy to change as the year proceeds. I have recommended this program to numerous PTAs. I feel one of the biggest pros to this program is that you may retrieve information from past fiscal years. If you need to remember something, it is right at your fingertips. That helps make for an easy transition, when new officers are taking over the treasurer's job. I like that you can access the information from any computer as long as you have your information to log in. This is the easiest program to use with a low cost for all that it can do and produce!!

Cons

I haven't found anything on the program that I do not like in the many years that I have been treasurer for PTAs.

Jenn
  • Industry: Nonprofit Organization Management
  • Company size: 51–200 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 17/08/2021

MoneyMinder Second to None

Anyone can use this software, you don’t have to be an accountant. We have been using MoneyMinder for 7 years now. MoneyMinder is setup to give the administrator the ability to give other members, namely our board in our situation, access to view the budget which creates transparent; accounting, membership, fundraising and auditing. Records are kept safe, easy to turnover to a new Treasurer with history being kept.

Pros

Ease of use and fabulous customer service. One doesn’t need to have a degree in accounting to use MoneyMinder. User friendly and save loads of time.

Cons

Wish I could use it for my own personal budgeting.

Cherie
  • Industry: Nonprofit Organization Management
  • Company size: 11–50 Employees
  • Used Weekly for 1+ year
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 06/08/2021

Outstanding Customer Service

Before, we were simply using a spreadsheet to track our budget and expenses. One wrong formula, and OOPS!!

MoneyMinder makes it all easy, intuitive, and versatile. DON'T GO ANYWHERE ELSE!

Pros

Extremely helpful and personal customer service. It is always frightening starting out with new software. "Looks great, until you buy it. Then you are doomed to figure it all out on your own." NOT SO WITH MONEYMINDER!! Have a question? CALL THEM! They reply, walk you through, and make sure you understand. They will even work through errors caused by YOUR OWN MISTAKES!

EASY TO USE, too!!

Cons

The ONLY feature I don't like is the graphic interface of the budget tool. I find the way the indentations of categories, subcategories, etc. to be really hard to read. I keep going back to try to figure out the hierarchy of the accounts.

Hiral
  • Industry: Higher Education
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 15/10/2021

User Friendly Accounting/Budget Software Program

I love MoneyMinder. I love how easy it is to creat different type of reports (ex. Treasurer reports, budget reports, etc). I love how easy it makes it to create a brand new budget and also to keep track of your transactions in a register. I love how friendly the customer service people are at MoneyMinder. They are always willing to help me with any questions I may have.

Pros

This software program is very easy to use. It makes every aspect of accounting for a non-profit organization manageable.

Cons

I can not think of a single thing that I do not like about this product.

Liz
  • Industry: Education Management
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 31/08/2022

MoneyMinder is an excellent choice for PTOs

It’s a great software option for PTOs.

Pros

The software is very user friendly, even for people without an accounting background. [SENSITIVE CONTENT] has been a wonderful resource for all my questions. She is quick to respond and has helpful suggestions.

Cons

We do not want to carry over all of the Stores from Cheddar Up every year.

Leslie
  • Industry: Fund-Raising
  • Company size: 11–50 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 29/01/2019

Outstanding Program for PTAs

Pros

This program is extremely easy to use. I recommend it to all PTA volunteers. It is easy to train our ladies to use it. The reports that are generated are excellent in showing our members where the money has come and gone.

Cons

So far, in the 10 years that I have been using this program, I have never had a complaint.

Verified Reviewer
  • Industry: Education Management
  • Company size: 2–10 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 01/02/2019

I Love Money Minder

It's a great company with great people who care about their customers .

Pros

It's a simple yet powerful program. MoneyMinder gets the job done effectively and efficiently. Very user friendly.

Cons

I've been using Money Minder for three years and I honestly can't think of a single thing that I don't like about the software.

Madeleine
  • Industry: Medical Devices
  • Company size: 5,001–10,000 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 13/07/2018

I had an awesome experience.

Learned some great new tools

Pros

I enjoyed every thing about this software right down to the login screen and the time it took to install it.

Cons

The only thing I didn't like was the cost. I wish they offered the program for free, then more people would use it.

Alyona
  • Industry: Education Management
  • Company size: 11–50 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 04/05/2021

School PTO

Mostly budgeting and bank reconciliation is our main functions, plus some reporting

Pros

Love the reports - easy to modify, to access and to share. This year we have discovered Cheddar Up and enjoyed it as well!

Cons

Might not be a huge name recognition yet.

Laura
  • Industry: Nonprofit Organization Management
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 23/04/2020

Great resource for non-profits

Pros

Love the ease of use of this software for our non-profit. It is set up perfectly for PTA financing and is easy to use by the least to the most experienced treasurer

Cons

Every time I have had issues, I simply look up help in the menu or sometimes call customer support, I get the help I need right away.

Kristie
  • Used Weekly for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 21/03/2018

The software is amazing! Allows me to be an efficient and effective volunteer.

Pros

The software is Intuitive, user friendly, accurate and simple.
Great customer department! It is beneficial to have transparency with the financials.

Paul
  • Industry: Nonprofit Organization Management
  • Company size: 2–10 Employees
  • Used Monthly for 1-5 months
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
N/A

5
Reviewed on 29/01/2019

Perfect for the volunteer treasurer

As mentioned in the Pros section, this software has allowed me to access the program wherever I am. As a volunteer, it is very helpful to be able to work on my treasurer responsibilities during my regular job's lunch hour. This has been a great upgrade from our old desktop software. Thanks MM

Pros

This software is very easy to learn and use. It is web based, so it can be accessed anywhere. For volunteers, it may be at work, at home or anywhere else. In addition, it allows multiple users, which offers transparency to the organization. With the other software that we were using, it was only on my laptop at home. Lastly, this software seems to have been developed with the part time volunteer in mind. It has all of the features, but not all the other items that a full business would need. All in all, I am glad we upgraded.

Cons

The main downside to the software was the migration of prior year's data into it. Although I have to say that the MoneyMinder team helped me through it.

Response from NonProfitCentral

Glad MoneyMinder is working well for you! We understand the extra work in setting up new financial years each year. We're in the process of making that more seamless!

Replied 05/02/2019
Dawn
  • Industry: Primary/Secondary Education
  • Company size: 2–10 Employees
  • Used Weekly for 6-12 months
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 29/01/2019

Edmonds Elem PTA Treasurer

Fantastic experience. Way easier to use than the QuickBooks we used to have.

Pros

Very easy to use and simple spreadsheets. Love that fact that we can have multiple users with different access abilities.

Cons

Set up was a bit confusing until I realized I could make the categories match our budget.

Sagine
  • Industry: Restaurants
  • Company size: Self Employed
  • Used Daily for Free Trial
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 08/06/2021

Come and use this software

Pros

I love everything how I bring the summery of everything I love it

Cons

Nothing was difficult it was quite easy there's nothing that I like less of this website actually like it a lot

88 reviews