As a nonprofit board member or executive director, your role carries significant responsibility. Beyond the passion for the mission, there’s a legal and ethical obligation to ensure that your organization is financially sound, transparent, and accountable to the public trust. This session is designed to equip you with the tools, insights, and knowledge to fulfill these duties with efficacy, confidence, and integrity.
Financial statements
NCLL provides quality, personalized financial guidance nonprofits in North Carolina and beyond. NCLL's expertise ranges from basic tax management and accounting/bookkeeping services to more in-depth services such as compilations, reviews, audits, 990s, financial statements, and financial planning. By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve.
Money is the fuel that drives your organization forward. Board members need to understand the tools nonprofits use to track, manage, and oversee money to make the best decisions for their organization.
This workshop for board members and the staff who work with them offers knowledge to strengthen their organization’s financial literacy and the opportunity to practice telling their organization’s financial story. It will cover:
Last updated 9/17/2020
Jaime Campbell, CPA, Tier One Services, LLC
Auditing is an information service. As such, many forward-thinking auditors have already been working virtually for years, as evidenced by their vacation photos posted on Facebook while they were conducting “analytical procedures” from their laptops, which they bring with them everywhere, including the bathroom.
We must answer the public's cry for accountability. Here are ten traits of an accountable nonprofit.
© North Carolina Center for Nonprofit Organizations, Inc. From Common Ground, a publication of the N.C. Center for Nonprofits, www.ncnonprofits.org.
Reporting Requirements for Nonprofits with State Grant Funds is a quick, helpful summary table for reporting requirements for nonprofits with state grant funds. Additionally, for online reporting, the N.C.
Appropriate document retention is important for a nonprofit's compliance with state and federal law, while balancing the need for managing storage space (both physical and digital). A clear policy for staff can prevent the innocent destruction or disposal of documents.
Donors, lawmakers, and other stakeholders are looking at your nonprofit’s "program efficiency ratio" (PER) as an indicator of good stewardship. If your organization has a low ratio, it can indicate that you devote too many resources to fundraising and management rather than program activities. However, the ratio doesn't paint the entire picture. Get tips from CPA Dennis Walsh on how to keep from being judged unfairly.