When you are establishing your nonprofit board, ensure that all the board members are aware of their roles and responsibilities. Making sure that all board members in the know will help avoid confusion and ensure that your organization is in compliance on both the state and local levels! One method to accomplish this is by setting up committees within your nonprofit board. These boards work together to focus their attention on various aspects of the organization, such as fundraising or human resource management. By having a clear group of volunteers that are focused on these topics will help keep your board on track and on the right track!

Your board’s biggest responsibilities description are to oversee and assist the chief executive. This includes ensuring that your nonprofit is in compliance with ethical and legal standards. It also involves providing financial oversight, establishing budgets and directing fundraising efforts. Your board is also accountable for selecting new board members and the evaluation of them.

Another important responsibility of your nonprofit board is to decide the purpose of your organization. This seems like a simple task, but it is crucial to be able to stay focussed on the mission over time to avoid mission creep and to draw donors to your non-profit. Your board can help you decide the best way to accomplish your goal and also develop new programs and service that can help you reach your goal.

Finally, your nonprofit board is accountable for knowing all of the IRS and state requirements that your company must comply with. This is why it is crucial that your board knows and abides by their fiduciary responsibility to protect the organization. This can be done by conducting regular meetings to review policies.