Before potential directors officially sign on, they must be presented with a clear job description. Some board consultation experts advise organizations to establish formal requirements about attendance, personal finance contributions, participation in fundraising, and serving on working committees. While board members are often elected or appointed because they represent a certain community or point of view, they must understand that one on board they must understand that once on board their fiduciary responsibility is to the board.
Davis & Hodgdon has been assisting nonprofit organizations in the Burlington Vermont Metro area for more than 20 years. We are committed to helping our clients achieve their goals as they strive for financial sustainability. Specific nonprofit services include: tax planning and compliance, accounting and auditing, internal controls, board member services, fundraising, grant compliance and much more.
Visit: http://www.dh-cpa.com/nonprofit-accounting-services.html for a complete list of services.
Please feel free to call 802.878.1963 or email [email protected].