Financial Management

Sound financial management is crucial to the health of an organization.  The Center relies on Certified Public Accountants in our community to provide the most up-to-date information on regulations and best practices and offers the following services:
    
Trainings and Events
Check back soon for the 2010 schedule

CPA Board Engagement
The Center provides a forum to help nonprofits seeking board members with financial expertise and for those CPAs seeking board service opportunities.
To fill out a board member request form, please click here.
To view available board positions, please click here.

Effectively Managing Nonprofit Investments
The Chartered Financial Analysts Society of New Mexico partnered with the Center for Nonprofit Excellence to bring investment management resources. 

On June 23, 2009, members of the CFA Society of New Mexico presented a seminar with the following topics:
Investment Policy Statements
Social Investing
What is a Chartered Financial Analyst?
Asset Allocation
Uniform Prudent Management of Institutional Investments Act (UPMIFA)

The training materials are available to view or print:
Effectively Managing Nonprofit Investments
Sample Investment Policy Statement

Resources

Financial Management Toolkits
Toolkits are designed to provide information in an easy to access, printable, abridged version of the live trainings.  The following are available to view or print:
Accounting Glossary
Accounting for Grants
Audit
How to Avoid Conflicts of Interest
Internal Controls
IRS Form 990
Lobbying
Selecting Accounting Software
FAQs About the Upcoming Compliance Changes for Retirement Plans

Related Websites:
www.irs.gov/charities/index.html  IRS website for nonprofits
http://www.ago.state.nm.us/divs/cons/charities/statute.htm  NM's statute on chartible organizations
http://www.ago.state.nm.us/divs/cons/charities/annualreportform.pdf  NM's Annual Report form
http://www.ecfa.org  Evangelical Council for Financial Accountability

Articles:
"Sabanes-Oxley for Nonprofits"  

Special thanks to Janice Moen, CPA, Finance Director of ARCA who has provided a link to Certified Public Accountants with nonprofit expertise.