Page 15 - NCCAA Finance Board Accountability
P. 15

Questions Board Members Should Ask?

















       ✓ What is the organization's current financial

            position? Request detailed financial

            statements, including the balance sheet,

            income statement, and cash flow statement, to

            assess the organization's overall financial health.







       ✓ What are the organization's sources of

            revenue? Inquire about the diversity and

            stability of funding sources, including grants,

            donations, earned income, and government

            contracts, to understand the organization's

            financial stability and potential risks.
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