National Alliance on Mental Illness
page printed from http://www2.nami.org/
(800) 950-NAMI; firstname.lastname@example.org
Q: One of the requirements listed is that my NAMI Affiliate needs to have an audit. How do we go about that? How often does that need to occur? Is there any flexibility on this requirement?
This question does not have a simple and straightforward answer, because there are many variables to consider when making this decision. Some of those variables are:
For the purposes of affiliation through the NAMI Standards of Excellence, we would expect that you are operating within the guidelines of any of the above entities with which you are actively engaged. However, if none of the above situations apply to your organization, the following guidelines for the level of financial review NAMI requires are as follows:
The cost of accounting services vary widely, and just like with insurance, we recommend that you shop around for the best rate you can find. A good rule of thumb, especially in small organizations, is to stay local when choosing an accounting firm, rather than going with a big name that has less incentive to give you personalized attention. You should also ask about whether a firm offers pro bono services to small nonprofits, or if the rates can be reduced for nonprofit organizations. Another factor in the cost of these services is the area of the country in which you operate, and whether you are in an urban or rural community. An additional consideration in the cost of these services is the length of time it will take the accountants to complete the work, and that is often based on how well your books have been kept and the organization of your records. Below are some very general guidelines for what you might expect to pay – but these are not hard and fast rules and you can expect some variation depending on where you operate.