Dianna Russo

Top Twenty Financial Issues for Nonprofits
Nonprofit organizations should be managed like a for profit business with a focus on success and financial prosperity striving to achieve the mission of the organization.  However, there are unique challenges for a business that includes fundraising and grant money for most if not all of their revenue.  Utilizing a volunteer board of directors to lead the organization and a mixture of paid staff and volunteer help to provide the program services also require distinctive procedures to ensure the appropriate use of resources.  In this session we will highlight the top twenty issues that impact a nonprofit organization financially from audit concerns, internal controls, financial reporting and budgeting.

Presented by Dianna Russo:
Dianna Russo is the managing principal of Houldsworth, Russo & Co., a progressive entrepreneurial firm that provides accounting services to clients.  Her philosophy is to provide businesses with the necessary tools to grow and succeed.  Her goal is to reduce trouble areas for clients and increase successful results.   Russo is well known in the community as a leader and specialist in providing accounting assistance to small business and non-profit organizations.  She provides expertise in how a business could be run so that clients can efficiently focus on their day-to-day activities and the growth of the business.  Russo is a 1992 University of Maryland graduate with a Bachelor of Science degree in accounting.  She is licensed in Nevada and California and is a member of the American Institute of Certified Public Accountants and the Nevada Society of Certified Public Accountants.  Russo has received the U.S. Small Business Administration’s Accountant Advocate of the Year Award for the State of Nevada for her work with small businesses and non-profits.