VIDEO Q&A for Subscribers: March 2026

VideosVideo Q&AsSubscribers-Only
Written By A. Michael Gellman (CPA, CGMA) & Benjamin Takis

Ben and Mike answer questions from subscribers about addressing the perception accumulating too much in operating reserves, whether it’s a conflict of interest for a Board member to make an interest-free loan to the organization, the risks of relying too heavily on deferred income, and the risks of agreeing to indemnification obligations in a contract.

CHAPTERS

00:00 - Intro

00:35 - Dealing with the perception that having too much in operating reserves means spending too little on programs

08:21 - Whether it's a conflict of interest for a Board member to make an interest-free loan to a nonprofit

14:38 - The risks of relying too heavily on deferred income (upfront payments for services)

19:41 - Whether nonprofits should agree to indemnification in their contracts

Print Friendly and PDF
A. Michael Gellman (CPA, CGMA) & Benjamin Takis
Previous

TEMPLATE: Interest-Free Loan Agreement (to Nonprofit from Board Member) [SUBSCRIBERS-ONLY]
Next

CHECKLIST: Change of Nonprofit Office Address [SUBSCRIBERS-ONLY]