Your Nonprofit Board’s Financial and Accounting Responsibilities
Delaney Mullennix, the Nonprofit Hub Radio Podcast host, interviews Melisa Gallasso, founder & CEO of Galasso Learning Solutions LLC, about nonprofit board’s financial and accounting responsibilities.
Galasso, known for her dedication to various awareness campaigns, shares her most passionate cause, infusing a personal touch into the dialogue. She introduces her book, “Money Matters for Nonprofits,” detailing its contents and where to find it.
Galasso emphasizes that board members, while not expected to be financial gurus, need a good grasp of basic accounting to function effectively.
In closing, Galasso suggests intelligent questions that board members should ask accountants when assessing financial statements, promoting financial literacy as a pillar of successful nonprofit governance.
MELISA F. GALASSO is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. Her passion is providing high-quality CPE that is meaningful, creates efficiencies, improves quality, and positively impacts ROI.
She also supports essential professional development, audit-level training, and training the trainer efforts. Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master TrainerTM designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers.
Melisa is a 2020 Enterprising Women of the Year Award recipient and was honored as a “40 under 40” by CPA Practice Advisor in 2017, 2018, and 2019. She was also named the 2019 Rising Star by her regional NAWBO chapter, received the Don Farmer award for achievement in technical content instruction, and earned several other public speaking and technical training awards.