Documents
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Starting a Club Bank Account & Maintaining IRS Status
Types of Accounts for a Circle K Club Each club needs two accounts: a Service Account and an Administrative Account. … Read more →
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Timeline for a Fundraising Event
Since treasurers are often asked to assist with, if not plan, fundraisers, this section should serve as a guideline for … Read more →
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Why do we collect dues?
In order to keep the club running, it has to have money. The same goes for the District and for … Read more →
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How do we pay dues?
Dues are payable October 1st, which means that is the first day you can make the payment. However, you should … Read more →
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Collecting Dues Online
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How much are dues?
International dues are set according to school size. If your school is a two year institution, dues are $300 per … Read more →
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Where do I send dues?
You will send your dues and your membership forms to: Circle K International 3636 Woodview Trace Indianapolis, IN 46268 The … Read more →
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Making and Maintaining a Budget
Another task of the treasurer is to create a budget. It really is not as hard as it sounds and … Read more →
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What are the parts of a budget? Why two?
Since Circle K is a nonprofit organization, there are two distinct parts to the budget. Your budget needs to contain … Read more →
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How I setup my budget?
First, start with a template. There is a sample budget located on our district shared documents online you can begin … Read more →
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Keeping the Board Aware of Finances
You will need to provide information about the club’s financial situation at each board meeting. The easiest way to do … Read more →
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Maintaining Accurate Financial Records
It is important to keep an account of all transactions as they are made. A simple method to use is … Read more →
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Receipts and Reimbursements
You will need to create a system for keeping up with receipts and, making the appropriate reimbursements. This will keep … Read more →
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Making Deposits
This is part of making sure your checking account is always accurate. If you deposit checks as soon as you … Read more →
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Keep Organized Records
As the previous sections covered, keeping accurate records are essential. Keeping a general ledger, or log/list of everything that has … Read more →
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Auditing Club Books
It is strongly suggested that the club’s financial records be audited annually. This audit should take place after October 1, … Read more →