Board

Legal Duties of Board Service

By |2019-05-14T09:10:44-06:00June 28th, 2018|Advisory, Board, Goals, Leading, Nonprofit|

When agreeing to serve on the board of a nonprofit, individuals commit to more than just giving up an hour a month for board meetings. Every director has a responsibility to help manage the affairs of the nonprofit and to help it carry out its purpose. This responsibility isn’t only from wanting to do what’s [...]

Performance Measurement: Average Board Member Gift

By |2018-12-07T15:39:33-06:00June 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.

Performance Measurement: Percentage of Board Members Giving

By |2019-05-14T09:15:05-06:00May 23rd, 2018|Board, Donation, Gifts, Nonprofit, Performance Measurement, Tips, Uncategorized|

We provide this week's session of the Performance Measurement video series topic of Percentage of Board Members Giving.

4 Steps to Seeking New Revenue Sources

By |2019-04-04T14:31:32-06:00April 1st, 2018|Board, Budget, Donation, Fundraising, Gifts, Investment, Nonprofit|

Where to start? It’s true, all organizations, no matter the type, have one thing in common: they must manage their sources of revenue to survive. With government cut-backs and tax reform, it’s important to understand what steps can be taken to continue to seek out new sources and manage the sources you have. Without revenue, [...]

5 Ways to Help Your Board Understand Financial Reports

By |2019-05-14T09:20:01-06:00March 27th, 2018|Board, Nonprofit, Records|

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 will tune out when financial reports are given because they can’t relate to the information. As a resource for many nonprofit organizations, we at TD&T come [...]

Performance Measurement: Board of Director Composition

By |2018-12-07T16:10:06-06:00March 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 |2019-01-31T16:04:38-06:00February 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 |2019-05-14T09:27:44-06:00February 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 [...]