Succession planning is a huge topic in business right now and at TDT we repeatedly talk about it with our for-profit clients. Record numbers of nonprofit executives are preparing for their retirement, making this topic incredibly important and timely. For many nonprofit organizations, conversations regarding succession planning are past due, putting the organization at risk. [...]
Glen Swanson, CPA and TDT Assurance Manager, provides an overview of the legal obligations for agreeing to serve on a nonprofit’s board. Glen specializes in audits of nonprofit organizations, family-owned businesses, and employee benefit plans and has more than 10 years of experience in public accounting. When agreeing to serve on the board of a [...]
Glen Swanson, CPA and TDT Assurance Manger, will discuss the differences between sponsorships and advertisements and how they impact income tax. Glen specializes in audits of nonprofit organizations, family-owned businesses, and employee benefit plans and has more than 10 years of experience in public accounting. Event programs are a great way for nonprofits to share their [...]
Glen Swanson, CPA, provides this week's session of the Performance Measurement video series topic of Percentage of Board Members Giving.
TD&T Assurance Manager, Glen Swanson, CPA provides the first in our Performance Measurement Video Series. This week's episode is on the metric: Funds Available for Temporarily Restricted Net Assets.
Glen Swanson, TD&T Assurance Manager, provides ideas on how to help those outside of the finance office gain a better grasp on your organization’s financial reports. When presenting financial reports to your board or to staff outside of the finance team, do you find a lot of drooping eyelids and confused looks? Unfortunately, many individuals [...]
“Measure what is measurable and make measurable what is not so.” Galileo “If you can’t measure it, you can’t improve it.” Peter Envision the management team of a local nonprofit sitting down for their monthly meeting. The conversation goes something like this: Executive Director – “How did we do this month? What are the [...]
Glen Swanson, TD&T Assurance Manager, provides insight on the different types of financial reports and some of the ways your board can use them to improve your organization’s decision making. Boards play a vital role for many nonprofit organizations, including financial oversight. Review of financial reports should be a key agenda item at every board [...]
Glen Swanson, CPA – Assurance Manager in TD&T’s West Des Moines office addresses the important financial oversight role played by nonprofit board members. Individuals often agree to serve on a nonprofit’s board because they have a strong passion for the organization. While this passion is important, overseeing the finances is equally important. Board members need [...]