Telling your Non-Profit’s Story with Form 990
Many organizations view this requirement solely as a compliance function – a box to be checked once per year. But, considering these filings are public information and many donors and grant making organizations will review them before making contributions, it’s wise to be proactive in considering what information gets reported.
COVID-19’s Lasting Effects on Nonprofits – Audit and Tax Issues
The pandemic may have also affected the operation of internal controls at your organization. For example, if staff members were laid off or terminated, controls designed for segregation of duties may not have operated effectively. Likewise, increased health and financial insecurity may have increased the motivation of some individuals to commit fraud.