• Home
  • About
  • Lions Pride Endowment Fund of WI

Lions Pride Endowment Fund of Wisconsin

~ Today's Help, Tomorrow's Hope for Lions Camp and all WLF Projects

Lions Pride Endowment Fund of Wisconsin

Tag Archives: audit

Sleeping Tips for Surviving DST

07 Thursday Mar 2019

Posted by lionspridewi in News, Special Events

≈ Leave a comment

Tags

adjust, audit, caffeine, chocolate, clock, daylight saving time, devices, digital curfew, dst, electronics, exercise, lions pride, melatonin, night, pain relievers, routine, schedule, sleep, sleeping tips, spring, sunday, tea, transition

Didn’t it seem like only yesterday that we were setting our clocks back and excited for an extra hour of sleep? It may be hard to believe, but Sunday marks the end of Daylight Saving Time (DST.)

animal cat face close up feline

Photo by Pixabay on Pexels.com

Understandably, most of us do not look forward to the end of Daylight Savings, like we do at the beginning. According to sleep.org, the average person sleeps 40 minutes less on the night following Daylight Saving Time then they would on a typical night. Many people feel adjusted to the change by Wednesday, but other unlucky individuals may struggle for weeks.

Anyone who has experienced a rough night of sleep will likely tell you that it can have several negative impacts on the following day. To prepare for Daylight Savings, now is the perfect time to audit your regular nighttime routine. Keep these following tips in mind as you plan to spring ahead:

  • Gradually transition into the time change

Ideally, you would already be going to bed a little earlier than usual. If not, it’s not too late to get started. For the next couple of nights, make an effort to go to bed 15 to 30 minutes earlier. If you are well-rested before Saturday night, you will help minimize the effects of DST.

Remember that different people need different amounts of sleep. Make an effort to determine how much sleep you need.

  • Limit caffeine and alcohol intake

Alcohol and caffeine, which can be found in coffee, chocolate, tea and pain relievers, can disrupt your sleep. If you have trouble sleeping, avoid these stimulating substances for four to six hours before bedtime.

  • Don’t schedule nighttime workouts

Moderate exercise during the day can help you sleep better at night. When done regularly, aerobic exercise can help improve your quality of sleep, but the timing is important. For some, working out too close to bedtime can hinder sleep. Rule of thumb, if you don’t often sleep well, think about exercising earlier in the day.

  • Establish a digital curfew

When using smartphones, tablets and other electronic devices at bedtime, you are unknowingly delaying your internal clock. These devices suppress the release of melatonin and make it more difficult to fall asleep. Create a digital curfew for you and your loved ones in which you all turn off electronic devices for the night. Consider setting the limit 30 minutes to 2 hours before bed. The earlier you in the evening you power down the electronics, the better.

  • Commit to a regular sleeping schedule

Finally, for the best night’s sleep, go to bed and wake up at the same time each day (yes, even weekends.) By sticking with a schedule, you can help your body regulate its sleep pattern and maximize the hours you sleep.

Here at Lions Pride, we may not exactly be excited about losing an hour of sleep, but Daylight Saving Time means that spring is right around the corner and brighter days are ahead. Don’t forget to enjoy the changing of the season!

Annual Nonprofit Audits

01 Thursday Mar 2018

Posted by lionspridewi in Lions Camp, Special Events

≈ Leave a comment

Tags

1099-misc, audit, board minutes, check-and-balance, cpa, documents, donors, financial transparency, independent, journals, ledgers, nonprofit, organization, physical assets, recommendations, reports, review, tax day, taxes, trust, w-2

We are officially 48 days away from Tax Day. If you haven’t done so already, you have Nonprofit Auditlikely gathered all of your W-2s, 1099-MISCs and other taxes documents, and have made plans to meet with your accountant or sit down and file your 2017 taxes. Everyone seems to have Uncle Sam and their finances on their mind. Lions Pride is no exception – but we’re not filing taxes; instead, we’re completing our annual audit.

For some reason, the word ‘audit’ has an amazing way of sparking apprehension or fear in people. While an audit may seem like a punishment for individuals, they are actually a standard procedure for nonprofit organizations. An audit simply refers to an independent review of an organization’s financial books.

An independent audit is an examination of the financial records, accounts, business transactions, accounting practices, and internal controls of a charitable nonprofit by an independent auditor. “Independent” refers to the fact that the auditor/CPA is not an employee of the organization but rather is retained through a contract for services. For the last five years, we have contracted with Schenk SC to conduct our audit.

For the next two days, the auditors will examine our bank reconciliations, selected restricted donations and grant letters. They will also review physical assets, journals, ledgers and board minutes. After the review, the auditors will then issue a formal opinion about the accuracy of all financial reports, and provide recommendations to continue improving our financial management.

Here at Lions Pride, we know that an annual audit is an essential part of a check-and-balance system to guarantee all finances are in order and allows the LPEF Board of Directors to be confident LPEF staff is following proper accounting practices. The audit also demonstrates our commitment to financial transparency, which donors have come to expect from our organization.

Trust is one of the most critical components of a nonprofit-donor relationship. The annual audit is just one more way Lions Pride works to build that trust by ensuring all donations are properly managed and secured so we can continue to preserve, protect and provide for Wisconsin Lions Camp and all WLF projects. We thank you for your continued support.

The Lions Pride Annual Audit

12 Thursday Mar 2015

Posted by lionspridewi in News, Special Events

≈ Leave a comment

Tags

annual, audit, auditor, bank reconciliations, check-and-balance, donations, examination, finances, financial transparency, grant letters, independent, nonprofit, review, schenk sc, system, tax day, wisconsin lions camp, wlf projects

With Tax Day right around the corner, it’s the time of year when finances seem to be Auditon everyone’s mind. We’re thinking about finances, too, as it is time for our annual audit.

The term, “audit” usually sparks apprehension or anxiety, but it shouldn’t! An audit simply refers to an independent review of an organization’s financial books.

An independent audit is an examination of the financial records, accounts, business transactions, accounting practices, and internal controls of a charitable nonprofit by an “independent” auditor. “Independent” refers to the fact that the auditor/CPA is not an employee of the nonprofit but instead is retained through a contract for services, and hence is “independent.” For the last three years we have contracted with Schenk SC to conduct the audit.

The auditors will examine bank reconciliations, selected restricted donations and grant letters. He or she will also review physical assets, journals, ledgers and board minutes. After the review, the auditor will then issue a formal opinion about the accuracy of all financial reports.

At Lions Pride know an annual audit is an important part of a check-and-balance system to guarantee all finances are in order and allows the LPEF Board of Directors to be certain LPEF staff are following good accounting practices. The audit also demonstrates our commitment to financial transparency which donors have come to expect from Lions Pride.

The annual audit is simply one more way Lions Pride ensures all donations are managed and protected so we can continue to preserve, protect and provide for Wisconsin Lions Camp and all WLF projects.

RSS Lions Pride Blog

  • The 2021 Lions Club Convention Season February 25, 2021
    Lions Club International Convention Registration is now open! Although COVID-19 vaccinations are underway, the Board of Directors elected to transition …Continue reading →
  • Fun Facts About Pets February 18, 2021
    Let’s play a guessing game! We’ll use a few characteristics to describe a loved one and we want to see …Continue reading →
  • Three Reasons Why We Love Our Supporters February 11, 2021
    Valentine’s Day is right around the corner, which gives us all an opportunity to tell our cherished loved ones how …Continue reading →
  • The Benefits of Getting Outside February 4, 2021
    Did you know that the first Saturday of every month is known as National Play Outside Day? This unofficial holiday …Continue reading →
  • Fun Facts to Celebrate National Puzzle Day January 28, 2021
    There’s no question that technology has been the driving force behind life during the pandemic. We’ve hosted Zoom meetings to …Continue reading →
  • Uncomplicating Home Organization January 21, 2021
    Over the course of the past nine months, many of us have spent more time in our homes than ever …Continue reading →
  • Top Snowmobile Safety Tips January 14, 2021
    Coincidentally, this week also represents International Snowmobile Safety and Awareness Week. Before packing up your gear for a weekend enjoying …Continue reading →
  • The Best Time to Take Down Your Christmas Tree January 7, 2021
    The holidays are officially behind us. Christmas and the New Year have seemingly come and gone in the blink of …Continue reading →
  • Christmas Caroling Safety Tips December 17, 2020
    We know that likely everyone could use a boost of holiday cheer in 2020, and what better way than through …Continue reading →
  • The Story of the Poinsettia December 10, 2020
    There are a few symbols that are simply synonymous with the holiday season – beautifully decorated trees, stockings hung on …Continue reading →

Blog at WordPress.com.

Cancel

 
Loading Comments...
Comment
    ×
    Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
    To find out more, including how to control cookies, see here: Cookie Policy