It has been a tough year for non-profits. Many have experienced an increased demand for services just as revenues have plummeted. Until the COVID-19 pandemic is over, your organization’s board
Your non-profit has a board of directors — so why would it need an additional advisory board? There are a few reasons. Some organizations assemble advisory boards to provide expertise
In times of turmoil, your board of directors should be your non-profit’s rock-solid foundation. But what if your board is understaffed or simply does not provide the leadership your non-profit
The novel coronavirus crisis has put enormous financial stress on many non-profits — whether they are temporarily shut down or actively fighting the pandemic. If cash flow is scarce, your
The novel coronavirus (COVID-19) pandemic has forced many of us to work differently — whether it is isolated at home or in-person wearing facial masks and other protective gear. Even
A key fiduciary duty of your non-profit’s board of directors is to oversee and monitor the organization’s financial health. Some financial warning signs — such as the loss of a
Does your non-profit organization have a conflict-of-interest policy in place? Do your board members, trustees, and key employees understand how the policy affects them? If you answer “no” to either
State law typically specifies the minimum number of directors a non-profit must have on its board. But so long as organizations fulfill that requirement, it is up to them to
To properly fulfill their fiduciary duties, your non-profit’s board needs certain information. And it is up to the executive director and managers to ensure they have it. This does not
Signs of financial distress in a non-profit can be subtle, but board members have a responsibility to recognize them and do everything in their power to avert potential disaster. Pay
