Board

Legal Duties of Board Service

By | 2018-07-12T09:22:36+00:00 June 28th, 2018|Advisory, Board, Goals, Leading, Nonprofit|

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 [...]

Performance Measurement: Average Board Member Gift

By | 2018-06-19T08:10:25+00:00 June 26th, 2018|Board, Donation, Gifts, Nonprofit, Performance Measurement, Tips|

Dan Montgomery, CPA, provides this week's session of the Performance Measurement video series on the topic of the Average Board Member Gift.

4 Steps to Seeking New Revenue Sources

By | 2018-04-17T11:05:04+00:00 April 1st, 2018|Board, Budget, Donation, Fundraising, Gifts, Investment, Nonprofit|

Amanda Lane, Tax Manager at TD&T CPAs and Advisors, P.C., provides an overview of managing sources of revenue. Amanda serves social service organizations, colleges and universities, membership organizations and many others throughout Iowa. Where to start? It’s true, all organizations, no matter the type, have one thing in common: they must manage their sources of [...]

5 Ways to Help Your Board Understand Financial Reports

By | 2018-04-17T10:28:41+00:00 March 27th, 2018|Board, Nonprofit, Records|

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 [...]

Performance Measurement: Board of Director Composition

By | 2018-06-18T16:17:10+00:00 March 20th, 2018|Board, Nonprofit, Performance Measurement, Tips|

  TD&T Tax Manager, Amanda Lane, CPA provides the first in our Performance Measurement Video Series. This week's episode is on the metric: Board Director Composition.

Internal Controls for Small Organizations

By | 2018-02-09T11:02:32+00:00 February 9th, 2018|Board, Nonprofit, Preparation|

Why Internal Controls are Important A survey conducted by the Association of Certified Fraud Examiners estimates that all organizations lose an average of between five and six percent of their revenue to fraud every year.[i]  Applying this percentage to the nonprofit sector would suggest that the fraud loss may reach approximately $40 billion each year.[ii] [...]

Performance Management: One Solution to Unlock Results

By | 2018-02-09T11:03:16+00:00 February 9th, 2018|Board, Change, Fundraising, Nonprofit|

“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 [...]