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Key Financial Statements
This guide for boards of directors introduces the two most important financial documents - the balance sheet and income statement - that help board members meet their fiduciary responsibilities.
New Overtime Rules
Start Planning Now: What Your Nonprofit Needs to Know About the New Overtime Rules
OMB Uniform Guidance
The National Council of Nonprofits has some resources regarding OMB
Guidance for Non-Profit Organizations on Paying Overtime
Guidance for Non-Profit Organizations on Paying Overtime under the Fair Labor Standards Act
Sample Audit Committee Job Description
A sample Audit Committee description, which includes the purpose and primary responsibilities of its members.
Rules for Charitable Contributions of Clothing and Household Items
Guidelines from the IRS and National Council of Nonprofits
Reserve Funds Create Financial Nest Egg
Like families, organizations need financial nest eggs for different purposes. One of the main purposes is an operating reserve — sometimes called an operating contingency fund. They are a first line of defense against financial uncertainties ranging from uneven cash flow to cutbacks from major funders.
Request for Proposal (RFP) for Outsourced Accounting Services
Request for Proposal (RFP) for Outsourced Accounting Services Template
Reporting Requirements for Nonprofits with State Grant Funds
Summary of reporting requirements for nonprofits with state grant funds plus link to online reporting of grants received from North Carolina government agencies.
Sample Donor Substantiation Letters
Not sure how to thank your donors? Use these templates to guide your message.
Sample Final Financial Report for Grant Awards
Most grantors require a final project report, including a financial report. This sample illustrates a final financial report outlining budgeted expenses, actual expenses and the expenses allocated to that particular funding source.
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