Nonprofit leaders face many challenges, from managing resources to meeting regulatory requirements. Unfortunately, scammers routinely target nonprofits by sending fraudulent letters disguised as official government forms. We regularly receive inquiries from concerned nonprofit clients who have received Statement of Information and “Minutes” scam letters, which demand fees for compliance-related services that are not required by …
Posts Categorized: Board
PROTECTING YOUR NONPROFIT ORGANIZATION’S ASSETS
Introduction Nonprofit organizations today face a growing array of risks that threaten their ability to fulfill their missions. From cyber threats to regulatory changes and financial uncertainties, the challenges are numerous and increasingly complex. As these risks continue to emerge, taking steps to affirmatively protect nonprofit assets has become more critical than ever. In this …
Understanding Minute Books for Nonprofits
In the realm of nonprofit organizations, maintaining thorough and accurate records is not only a best practice but often a legal requirement. Among these essential records is the minute book, a vital repository of organizational history and decisions. This blog post will explore the importance of minute books for nonprofits, what they should contain, the …
Mastering Board Meeting Minutes for Nonprofits
Proper documentation is crucial for nonprofit organizations to maintain legal compliance, ensure accountability, and preserve historical records. Meeting minutes for nonprofits play a vital role in this process by creating a formal record of discussions, decisions, and actions taken during meetings of the board of directors and its committees. This blog post explores their purpose, …
How to Dissolve a Nonprofit Organization
Mission accomplished. Our needs have changed. We are not sustainable. Our efforts are better served elsewhere. There can be many reasons behind the dissolution of a nonprofit organization, but one thing is a given: from logistics to community impact, closing operations takes time and care. While there are variances from state to state, we have …
Nonprofit Board Operations: Agendas
Meetings, meetings, meetings. A necessary part of any nonprofit organization, they are where ideas and issues are discussed, new initiatives are introduced, and action items are assigned. While they may seem cumbersome at times, a good meeting keeps your organization focused and goal-oriented. But how do you maintain the productivity of meetings – especially recurring …