Financial Management and Oversight

• Manage budgets: Lead the creation of the annual budget and track spending.

• Monitor cash flow: Ensure the organization has enough money to fund its daily operations.

• Oversee accounts: Monitor bank accounts, investments, and lines of credit.

• Enforce controls: Establish rules to prevent fraud, theft, or data misuse.

Financial Reporting

• Present reports: Explain financial statements to the board during meetings.

• Translate data: Turn complex numbers into simple insights for non-financial board members.

• Review statements: Examine monthly balance sheets, income statements, and cash flow reports.

Compliance and Tax Filings

• Coordinate audits: Work with external CPAs to complete annual financial audits.

• Support tax filings: Ensure the timely submission of IRS Form 990 and state tax reports.

• Maintain tax status: Verify that all financial activities follow rules for 501(c)(3) or tax-exempt status.