I’m Afraid a Cleanup, Audit, or 990 Review Will Uncover Mistakes We Should Have Caught Months Ago The fear of finding a mistake can sometimes become a bigger problem than the mistake itself. There’s a particular kind of hesitation that comes up when a nonprofit knows its books need a closer look. The audit is […]

A healthy bank balance should give nonprofit leaders confidence. Sometimes it creates uncertainty instead. One question has a way of changing the direction of a board meeting. “How much of this money can we actually spend?” It sounds like a simple question. The financial reports are on the table, everyone can see the bank balance, […]

The best board reports don’t overwhelm people with numbers. They give leaders the clarity to make confident decisions. Every board meeting includes a familiar moment. The financial reports are distributed. Board members quietly review page after page of figures, ask a few questions, approve the reports, and move on to the next agenda item. The […]

Money tells a story. For a business, that story is usually simple: revenue in, expenses out, profit at the end. But for a charity, a foundation, or a community organization, the story is far more layered. A single bank account might hold a grant restricted to a youth mentorship program, a donation earmarked for a […]