Your nonprofit is allowed to appoint some nonindependent board members. But the majority should meet the IRS’s four-part definition of “independent.” Otherwise, your governance may be scrutinized.
Materiality is the concept that tells you what’s important enough to include (and exclude) from your financial statements
Materiality is the concept that tells you what’s important enough to include (and exclude) from your financial statements
Materiality is the concept that tells you what’s important enough to include (and exclude) from your financial statements
Materiality is the concept that tells you what’s important enough to include (and exclude) from your financial statements
Materiality is the concept that tells you what’s important enough to include (and exclude) from your financial statements
Materiality is the concept that tells you what’s important enough to include (and exclude) from your financial statements
Materiality is the concept that tells you what’s important enough to include (and exclude) from your financial statements
Materiality is the concept that tells you what’s important enough to include (and exclude) from your financial statements
Materiality is the concept that tells you what’s important enough to include (and exclude) from your financial statements