With the continued pressure not-for-profits face on their finances, it is tempting for some to cease preparing an Annual Report. However, this is a short-sighted measure, and it is in the interests of all not-for-profits to produce some type of Annual Report.
Annual Reports are an insight
As part of our research into the not-for-profit sector, Associations Forum reviews many Annual Reports each year. Much can be gleaned by a non-member about the NFP from their Annual Report, and arguably even more can be learned by the an association, institute, club, charity or foundation by comparing their own Annual Reports over a number of years...
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