Three questions your board is likely to ask heading into fall: Are we on budget? Are restricted funds tracked correctly? Can we show the financials today, not next week?
If any of those is a "maybe," that's worth fixing before hiring season and year-end reporting both land at once.
Year-end giving season is about 90 days out — and for most nonprofits, it's when close to a third of annual donations come in, in the space of a few weeks.
That's not the moment to discover your restricted fund tracking is off, or that your board can't get a clean report on short...
Three questions your board is likely to ask heading into fall: Are we on budget? Are restricted funds tracked correctly? Can we show the financials today, not next week?
If any of those is a "maybe," that's worth fixing before hiring season and year-end reporting both land at once.