KPM

Term Limits Pay transparency Accountable Plan Fundraising Disaster Plan Audit Conflict-Of-Interest HR Function Volunteer Risk non-profit tax reporting Cryptocurrency Donations Culture

Does Your Non-Profit Have A Disaster Plan?

Few regions of the United States have remained untouched by some type of natural disaster or extreme weather this summer. While the recent focus has been rightly on wildfires, floods, and abnormally high temperatures, it’s important to acknowledge that your non-profit also must be prepared for unnatural disasters like terrorist threats and mass shootings. There are many possible situations to consider, but the more equipped your organization is to handle emergencies, the greater the chances of safeguarding your staff, volunteers, and clients from harm and efficiently restoring normal operations.

Anticipating Threats

No organization can anticipate or eliminate all possible risks, but you can limit the damage of potential risks specific to your non-profit. The first step in creating a disaster plan is to identify the threats you face when it comes to your people, operations, and technology. If you work with vulnerable populations, you may need to take extra precautions to protect your clients. For example, you might need a fire evacuation plan that provides special procedures for wheelchair-bound and senior clients.

Also, assess potential damages if your operations were interrupted. For example, if your city is vulnerable to hurricanes and flooding, what are possible outcomes regarding property damage and financial losses? How might you limit damages and unexpected costs by, for example, waterproofing your building’s foundation and maintaining flood insurance?

Team Responsibilities

To flesh out your disaster plan, designate a lead person to oversee its creation and implementation. Then assemble teams to handle different duties. For example, a communications team could be responsible for contacting and updating staff, volunteers, and other stakeholders, as well as updating your website and social media accounts. Other teams might focus on safety and evacuation procedures, technology issues (including backing up data offsite), and financial and insurance needs.

One of the most important components of your plan will be recovery. Think about how your non-profit will get employees back to work and your office and services up and running again. You may need to plan in phases that can be rolled out depending on the extent of the disaster’s damage.

Limited Resources

Smaller non-profits may worry about how they can expend their limited resources to create a comprehensive disaster plan and take actions to protect their assets. Concentrate on the most likely emergencies. For example, if your non-profit is located in the Northern Plains, you probably don’t need to worry about hurricanes or a big earthquake but do need to plan for the possibility of tornadoes. Increasingly, organizations in every part of the country must have procedures for fires and power outages due to extreme heat. For help with the financial aspects of a disaster plan that prioritizes your non-profit’s specific risks, contact us.

Related Articles

Talk with the pros

Our CPAs and advisors are a great resource if you’re ready to learn even more.