You have been appointed Board Treasurer of an NPO and now need to write a memo to the Board that summarizes the required annual financial reports filings with the IRS and their respective State government.

You have been appointed Board Treasurer of an NPO and now need to write a memo to the Board that summarizes the required annual financial reports filings with the IRS and their respective State government.

Directions:
Select an NPO with an operating budget of $5 million or more.
Research the NPOs’ past filings through Charity Navigator, Guidestar or Charity Watch (links under the Study section).
Write a memo to the Board that specifies the Board’s principles of due diligence, the quarterly/annual processes that the Treasurer’s Finance Committee will take to validate management’s accounting and finance reports. End with a chart that specifies the dates of government filings along with when the Board Treasurer must receive the draft forms for review.
PLEASE DONT FORGET THE CHART AT THE END

TOOLS TO HELP WITH

https://www.charitynavigator.org
https://www.charitywatch.org
https://www.guidestar.org