The IRS may initiate an audit of a nonprofit for any number of reasons. But one of the most common is something the IRS finds questionable in an annual Form 990 filing. This article looks at potential trouble areas and how nonprofits can reduce their audit risk. It also explains the difference between correspondence and field audits.

Recruiting and retaining committed board members is a never-ending process. Although state law typically sets the minimum number of directors a nonprofit must have on its board, it's up to you to determine how many members you need. Small and large boards come with perks and drawbacks. Here are some factors to consider once a board size meets its state requirement.