They may appear calm to the average beachcomber, but nonprofit finance waters can be fraught with peril. Whether you’re being carried away by a fiscal year-end riptide, or prepping for the tsunami of new calendar year tasks, fear not! Abila – like any good lifeguard – is constantly patrolling the water’s edge and performing patron surveillance, at the ready to rescue you from the dangers intrinsic to your nonprofit financial management role.
Consider this third annual edition of Abila’s Year-End Survival Guide as your lifebuoy, designed to provide buoyancy and prevent drowning in the details of closing the year’s books and planning for the fiduciary duties of the year ahead. This guide includes:
- Your Budget: Review, Build, Revise, Repeat
- Closing the Books on 2017
- Preparing Your Annual Report
- Compliance Awareness
- Pre-Audit Preparation
- Strategic Planning for 2018
- Human Capital Planning
Secondary Asset: Tax Form Timeline
Even nonprofits must file paperwork – oftentimes lots of paperwork – with the IRS. Here’s a quick reminder of what you need to do to meet your IRS obligations on time. When in doubt, start early. Be sure to leave time to accommodate holiday vacation calendars, the end-of-year giving season, and rounds of internal review ahead of the IRS filing deadlines.