The IRS does not require nonprofits to file annual independent audits, but many states do including Wisconsin. In Wisconsin, any charitable organization with contributions surpassing $500,000 must file audited financial statements prepared by a certified public accountant. For any charitable organization receiving less than $500,000 and more than $200,000, a CPA needs to perform a… Continue Reading
Managing Money With Mission
Category Archives: Nonprofit support
Keeping Your Nonprofit Healthy and Successful
Founders, executive directors, employees, volunteers and board members of a nonprofit have one important goal: keeping their fantastic organization healthy and successful for the community it serves. Sounds easy enough, right? We know the difficulties involved in raising money and running an organization. Here are five ways to make sure your nonprofit remains successful and… Continue Reading