In my past three posts, we examined the attributes of highly effective booster club presidents, vice presidents, and secretaries. Today, let’s take a look at the financial officers’ roles.
Thriving booster clubs separate financial duties between two officers: the treasurer and the bookkeeper. I have outlined the division of their responsibilities in my post, 5 Proven Ways to Insulate Your Booster Club from Embezzlement.
The treasurer and bookkeeper are vital to a booster club’s success. They are responsible for:
- Operating according to sound accounting practices
- Complying with school board requirements
- Complying with IRS requirements
- Interfacing with the booster club’s banker and financial advisor
- Reporting financial performance to booster club officers, instructors, and school administrators