In a case that highlighted nonprofit governance failures, the New York Attorney General (NYAG), Letitia James, filed a lawsuit against the National Rifle Association (NRA)
Nonprofits run more effectively with a well-functioning Board of Directors and clearly defined officer roles. Yet there a can be confusion between the two positions,
Board governance is the cornerstone of effective nonprofit management. Comprised of individuals with diverse expertise and a shared commitment to the organization’s mission, the board
Administrative and voluntary dissolution are two ways to end a nonprofit corporation’s existence. Best practice is to voluntarily dissolve.
The end of the year is a busy time for all organizations, and we often see important obligations slip through the cracks. Properly navigating these tasks is essential to maintaining tax-exempt status and ensuring an organization’s continued success.
Typically, nonprofit board members are elected for a specified period of time, called a term. Terms can be structured as either successive or staggered. Successive
Conflicts inevitably arise. Nonprofits should adopt a Conflict of Interest Policy to navigate these situations.
n the complex landscape of nonprofit corporations, the role of the board of directors is crucial in steering the organization towards its mission. To ensure transparency, accountability, and sound decision-making, boards must establish and implement robust policies and procedures.
A corporation’s governing documents are fundamental to how the organization operates. In most states, a nonprofit corporation’s foundational documents generally include Articles of Incorporation and Bylaws. Though, states differ in verbiage.Â
The extent to which a board participates in its daily operations varies. Whether your board is a hands-on board or a policy-making board, several fundamental decisions must always remain in the board’s hands:Â
Download our free guide to learn about the many elements needed to run a successful nonprofit organization, as well as how to avoid common pitfalls and mistakes.
