July 2024

YAIPAK Outreach announces excellent audit report for 2023 fiscal year.

By Sherry Nicholson | YAIPak Outreach July 12, 2024 3:01 pm

CLARKSVILLE, TN – YAIPak, a 501C3 nonprofit dedicated to meeting the needs of those who are neglected, hurting or affected, wherever they are, in order to provide support, comfort and resources, is pleased to announce that it has received an excellent audit report for the 2023 fiscal year.

The audit, conducted by Borland Benefield CPA Birmingham, Alabama, resulted in an unqualified opinion, also known as a clean opinion or unmodified opinion, and is the best type of audit opinion an organization can receive. This accomplishment indicates the auditor is satisfied with the organization’s financial reporting in accordance with the applicable financial reporting framework, and that the organization’s financial statements are presented fairly in accordance with generally accepted accounting principles (GAAP). This outcome demonstrates YAIPak is commitment to transparency, accountability, and sound financial management.

“We are thrilled to share this achievement with our stakeholders,” said Sherry Nicholson, CEO/founder. “Our excellent audit result is a testament to the hard work and dedication of our team, and our unwavering commitment to fiscal responsibility.”

The audit report highlights YAIPak’s strong financial position, including establishing new locations, continued development of programs, strengthening partnerships, and developing training. These results demonstrate the organization’s ability to effectively manage wisely and continue to achieve its mission.

YAIPak would like to extend its gratitude to Borland Benefield CPA for their professional services and to its supporters, donors, and partners for their continued trust and confidence.

YAIPak is reaching the world by impacting communities. For more information, go to www.yaipak.org.