Audit and Review Readiness
Assess whether your trial balance, reconciliations, schedules, contracts, controls, and prepared-by-client package are ready for external accountants.
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For owners, founders, and finance leaders
Nonprofit Financial Governance Check
Assess fund and grant tracking, restricted resources, board reporting, approvals, Form 990 support, and audit readiness.
4 guided steps
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Official guidance links
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Your free guided checker
Answer a few quick questions below. It is private - nothing is submitted or stored - and takes about a minute.
Informational business diagnostic only; not accounting, audit, tax, legal, investment, lending, or valuation advice.
The questions this tool walks you through
Here is what the checker asks and why each step matters. Prefer to talk it through? Contact us and we will help directly.
Does a majority of your voting board have no paid, family, or business relationship with the organization or its staff?
An independent voting majority is what lets the board actually check management; the IRS asks about it directly on Form 990, and funders weight it heavily.
Rebuild an independent voting majority before tightening anything else.
Official guidance: IRS governance for tax-exempt organizations
Has the board formally adopted written conflict-of-interest and whistleblower policies, with annual disclosure and enforcement?
These two policies are named on Form 990 Part VI and are the first thing a funder or auditor looks for; adopting them and running them yearly is the core of a defensible governance file.
Adopt conflict-of-interest and whistleblower policies and run them yearly.
Official guidance: IRS governance for tax-exempt organizations
Does the board receive statements that separate net assets with and without donor restrictions, with a rollforward of released restrictions?
Under ASC 958, the story a nonprofit tells its board is restricted-versus-unrestricted; without that split the board cannot see how much money is actually free to spend.
Rebuild board reporting around net-asset restriction classes and functional expense.
Official guidance: IRS governance for tax-exempt organizations
Do your annual gross receipts or total assets exceed the thresholds that require an independent audit or a full Form 990?
Above roughly $200,000 in gross receipts or $500,000 in assets a full Form 990 replaces the 990-EZ or 990-N, and many states or grantors add an audit requirement of their own - confirm current figures.
Prepare for an independent audit and a full Form 990 in parallel. File the right-sized Form 990 and keep the governance file current.
Official guidance: IRS governance for tax-exempt organizations
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