My boss is the Finance Chair of a non-profit here in Austin, TX . It is a membership organization for entrepreneurs. They get together and talk about entrepreneurship and speak to young company leaders about "thinking entrepreneurially. " He wants to know if the organization has to have audited financials? Or can they be reviewed or do they need to do anything at all? I don't have any experience with non-profits, so I told him I'd so some research. Anyone know?