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Seven Ways to Reduce Your Audit Costs
Dennis Walsh, a certified public accountant, shares seven ways nonprofits can reduce the costs around the auditing process.
Focus on the Destination, Not the Route (Budget)!
Jeanne Bell argues it’s time to stop looking at budgets and pay attention instead to projections and financial goals.
New 990 Software Release on July 20: Is It Enough?
A Blue Avocado Reader OpEd: The new 990 Online software comes out next week on July 20, 2009. This release will help as we face the challenges of filing the redesigned IRS Form 990 (for fiscal years starting in 2008). But 990 Online needs better suppor …
Finance Fear Factor Ratios
Watching indicators of financial health like performance-to-budget or reserve size are important, but may not say if you need to worry now.
Volunteer Time Financial Statement Illustrations
Financial notes for the article, “Tracking Volunteer Time to Improve Your Bottom Line: A Complete Accounting Guide,” by Dennis Walsh, CPA.
Loans From Nonprofit Board Members
Should a nonprofit organization accept a personal loans from a board member? Some of the choices in how such loans can be made. A starting point for a discussion with the board or a discussion with your personal financial advisor.
New Growth from Old Wood: Heroes & Nonprofits (and Sarbanes-Oxley) 1.15.09
Heroes don’t act alone: Nonprofits support heroes, and heroes understand nonprofits are impactful platforms for evolving social movements.
Model Document Retention Policy for Nonprofits
Nationally recognized nonprofit attorney Tom Silk wrote this Model Document Retention Policy on a pro bono basis for CompassPoint Nonprofit Services to use and to make available for all nonprofits.
Too Many Nonprofits? No — There Aren’t Enough Good Nonprofits
A vibrant, rough-and-tumble ecosystem of nonprofits serves our society best — rather than bemoan its complexity, we should treasure it.
Six Things Every Board Member Should Know About the New 990
Jeanne Bell shares six things that nonprofit organizations should know about the IRS’ new revised 990 nonprofit tax return.
