You are the CFO of an established nonprofit. The Board wants to make sure the organization is adequately communicating its fiscal health to the community. The Board has asked you to prepare a report describing the types of financial statements, tax forms, and other documents made available to the public. 

The Board has requested that you address the following issues in the report:

1. What information is communicated by each financial statement?
2. What information is communicated by the IRS Form 990?
3. Where can the public generally find this information?
4. How can our organization better expand and improve its communication to the public? 
5. How can the public/board members measure your organization’s fiscal health?

Answer rating: 100% (QA)

Dear Board Members As requested by you being the CFO of our nonprofit organization I am providing information on how we communicate our fiscal health to the community We usually share financial statem... View the full answer