The composition of a non-profit’s board is critical when it comes to the organization’s governance, financial oversight, and long-term sustainability. So, whether or not to have term limits for board
Nearly every region of the United States is faced with the risk of natural disasters, whether that’s winter storms, flash floods, wildfires, hurricanes, and so on. For organizations, risk doesn’t
Non-profits that are well-established often have loyal supporters, stable operations, and a good reputation. However, just because an organization is well-established, doesn’t mean it doesn’t face its own set of
Non-profit finance committee best practices start with understanding the committee’s role in maintaining financial stability and accountability. More than just reviewing financial statements, the finance committee helps shape strategy, supports
Accurate timekeeping practices are essential for non-profits. Most organizations are often juggling multiple programs, funding sources, and staffing structures simultaneously. Certain records are required to be kept under federal and
”Accountability” isn’t just the latest management buzzword. When put to good use and properly embraced, accountability can actually help transform an organization. Fostering a proactive mindset that anticipates challenges and
For most non-profit organizations, love of financial management is not at the core of the organization. However, financial oversight easily becomes increasingly complex and critical as an organization grows. If
For your non-profit organization, tension between accounting and developmental teams can have real financial consequences. Compliance, financial reporting, and even grant funding can all be affected by misaligned processes and
Most non-profit leaders often assume that enterprise risk management (ERM) is only for large organizations, as they often need it and can better afford it. However, ERM doesn’t have to
Clothing, household goods, artwork, and equipment are just a few examples of tangible property donations non-profits often receive. Valuing tangible donations, however, is not always straightforward. Challenges for accurate financial
