Questionable board actions

Hi all,

Joined my first nonprofit (I've provided IT services to non profits for ages). I'm on the board of directors for a community based nonprofit that promotes our downtown, taking donations from the city and other businesses.

One thing that has been bothering me since joining, our finance chair owns an accounting firm that "provides" our accounting services, charging almost $2,000/year. Likely under 1 hour of work a month, providing P&L and tax returns. Our books for the last couple years have been held very close to the chest by the Chair and Finance Chair.

We're a very small board, and due to some toxic mindsets of those two, there is very high board member turnover.

I'm not sure if what they're doing is legal, I know its not ethical and screams conflict of interest, but not entirely sure how to approach.

submitted by /u/StreetRat0524
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