Just as in building a home, building a nonprofit requires that certain foundations and securities be set in place. By establishing strong internal controls, nonprofit organizations can correct control deficiencies and ensure their financial health. Nonprofit organizations are encouraged to create a set of checks and balances for any associated individuals or entities otherwise known as internal controls. Instituting solid controls in your business or organization helps avoid serious issues that range from receiving a qualified or adverse opinion from auditors to more serious legal or tax implications.