Nonprofit Financial Management 101: Resources and Downloads
The Board’s Financial Leadership – A white paper that outlines a nonprofit Board’s fiduciary responsibilities prepared by Financial Management Resources (FMA)
Resources for Nonprofit Financial Management – A website dedicated to all aspects of nonprofit financial management maintained jointly by the Wallace Foundation and Financial Management Resources (FMA)
Audit Guide for Nonprofit Financial Management – Occasionally I run across a resource that is exceptional that I want to pass on to our clients, prospects, and the nonprofit community in general. Board Source has provided a link to an Audit Guide developed by the National Council of Nonprofits and the First Nonprofit Foundation that covers most of what a nonprofit executive or Board member needs to know about an independent audit, as well as guidelines on selecting an auditor and managing the process.
Accountability Kit – A collection of key documents compiled by NFP Partners that are required to formalize financial transparency and accountability for nonprofit organizations, including: Code of Ethics Statement, Whistleblower Policy, Conflict of Interest Policy, Audit and Finance Committee Charters, and a Document Retention and Destruction Policy.
Charities Review Council – Minnesota-based nonprofit that provides free information to other nonprofits including accountability standards, along with sample documents covering governance, public disclosure, financial activities, and fundraising.
Not-for-Profit Accounting Help (Nancy Church, CPA) – Nancy, who is devoted to the nonprofit sector, writes a terrific blog, along with a practical ground-level guide to nonprofit accounting. The information can be purchased and downloaded for a fair price. Recent newsletter articles include: “Managing Expectations: Accounting and Development,” “It Was a Crime of Opportunity!” and “Negative Unrestricted Net Assets.” The newsletter subscription is free.
CompassPoint Nonprofit Services – A consulting organization focused on governance and nonprofit effectiveness that maintains a library of useful information including the following documents: