Financial Statements Nonprofit: What You Really Need | The Charity CFO

Financial Statements Nonprofit: What You Really Need | The Charity CFO

As a nonprofit leader, your financial stewardship is important to remain compliant with the IRS. One way to ensure you remain within the confines of your tax-exempt status is to file and share a number of financial statements.

You have a primary responsibility to your donors, grantmakers, and other stakeholders to find ways to share these statements while still following the highest accounting standards.

Not only that, these statements need to be sound and easy to understand so as to provide a window into the financial health of your nonprofit.

This helps build trust and transparency-the two single most important assets for your organization.

👁️👉🏾 https://thecharitycfo.com/financial-statements-nonprofit-what-you-really-need/

Source: veteran-owned