Compliance - involves accountability to funders and the public
Evaluation - about measuring progress around use of resources
Planning - using info to make decisions and plan for the future
Action - using info to respond to changes, address problems
The Nonprofits Assistance Fund (NAF) provided an afternoon of training and details on these concepts to a group of 10 nonprofit board and staff participants at a session held earlier this week in Windom. The workshop "Presenting Financial Reports to the Board" was lead by Steve Boland, NAF Loan Officer, and was held at the Business, Arts & Recreation Center (BARC), a nonprofit organization that serves as an education and cultural center for the Windom area.

Lois Schmidt, NRS, Willmar
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