A National Resource to Support Excellence in Community Action

The Community Action Risk Mitigation Blog Series: #7

This is the seventh in a series of Virtual CAP news feeds, which can be used to support your agency’s efforts in relation to risk mitigation and meeting the CSBG Organizational Standards – full listing of Community Action Risk Mitigation Blogs.

These resources and training materials are drawn from the Community Action Partnership’s National Training Center and the Resource Bank of the CSBG Training & Technical Assistance Resource Center.

Fiscal Fundamentals for Executive Directors

FF-for-EDsFiscal Fundamentals for Executive Directors


The Executive Director has an important role in fiscal leadership of the Agency. This area of responsibility is addressed under:

Fiscal Fundamentals for Executive Directors

This guide covers the basic things an Executive Director needs to know about their role in the fiscal leadership of an organization. Though specifically addressed to Executive Directors/CEOs, it provides a good overview for any CAA leader looking to learn more about fiscal matters.

The goal of the Guide is to prepare the Executive Director to be a successful fiscal leader by providing:

  • Understanding of the Executive Director’s roles and responsibilities in the fiscal functions of the Agency, and
  • Information and tools to successfully carry out these responsibilities.

The guide itself is divided into four sections:

  • Internal Controls
  • Budgets
  • Analyzing Financial Information
  • Financial Information for Decision-Making

The guide includes red flags, a brief discussion of the basics of that topic, and examples – making it easy to navigate and practical to use.

Executive Director/CEO Fiscal Checklist

An Executive Director/CEO fiscal checklist is featured in the Appendix to support oversight of the fiscal function.  Examples of daily, monthly and annual tasks are provided, which will help the Executive Director/CEO carry out this responsibility.  Each Executive Director/CEO should develop a list of tasks that meets his or needs as well as those of the Board of Directors and Agency as a whole.

This publication was created by the National Association of Community Action Agencies – Community Action Partnership, in the performance of the U.S. Department of Health and Human Services, Administration for Children and Families, Office of Community Services Grant Number 90ET0428.  Any opinion, findings, and conclusions, or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the U.S. Department of Health and Human Services, Administration for Children and Families.

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