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Sender: Maine Libraries Discussion List <[log in to unmask]>
Date: Tue, 12 Jul 2022 14:28:04 -0400
Reply-To: Rich Boulet <[log in to unmask]>
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From: Rich Boulet <[log in to unmask]>
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Comments: To: Lesley Unger-Mochrie <[log in to unmask]>
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Lesley -

IMO If you already have a CPA who provides you with a year-end audit,
review or compilation, they are accurately filing your IRS 990, and you are
happy with their work, you do not need an accountant / CPA / etc. who
specializes in nonprofit accounting.  If you don't at least do an annual
compilation to bring your books in line with GAAP, I think it's a good idea
to hire a CPA who is comfortable working with nonprofits. I think you can
rely on a CPA to determine if they are qualified to help you.

Having said the above, I think it is reasonable for a board to determine
the level of outside accounting that they prefer.  This is probably one of
those cases when the board decides and the Library Director advises.

-Rich Boulet
Blue Hill Public Library

On Tue, Jul 12, 2022 at 2:12 PM Lesley Unger-Mochrie <
[log in to unmask]> wrote:

> Hello all,
> I have one of my Board members insisting that we need a specialized
> non-profit accountant. Does any other library use that type of accountant?
> Thank you for answering - off list preferred.
> Best wishes,
> Lesley Unger
> Library Director
> Springvale Public Library
> 443 Main St
> Springvale ME  04083
> wk: 207-324-4624
> Cell: 603-866-4164
> she/her