December 2, 2016
Resource Type: Articles
It’s easy for a nonprofit organization to maintain its tax exempt status—and can be just as easy to lose it. Each year, the IRS revokes the tax-exempt status of more than 100 501(c)(3) organizations. Organizations recognized as exempt from federal...
Topics: Fraud and Financial Oversight
December 2, 2016
Resource Type: Articles, Risk eNews
Most states require nonprofit corporations to file an annual report with the state in order to maintain the nonprofit corporation’s good standing in that state. If you fail to submit the annual report, the state is unlikely to remind you....
Topics: Governance
December 2, 2016
Resource Type: Articles
The article below is excerpted from a new publication available from the Nonprofit Risk Management Center, The Best Defense: 10 Steps to Surviving a Lawsuit. The article addresses the topic covered in Step 6: Communicate with Constituencies. Receiving notice of a lawsuit can...
Topics: General
December 2, 2016
Resource Type: Articles
A thoughtful, appreciative board or executive director may want to pay a nonprofit’s volunteers “just a little something” beyond reimbursing individual volunteers for their expenditures on the organization’s behalf. Some nonprofits rationalize a monetary gift as a demonstration of thanks...
Topics: Volunteer Risk Management
December 2, 2016
Resource Type: Articles
Many nonprofit managers dread the insurance purchasing process. An insurer may demand a lot of information, but then decline to offer a policy. The process may seem to waste valuable time and resources. Many nonprofit managers dread the insurance purchasing...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
According to the National Association of Fleet Administrators, 20 percent of fleet drivers will be involved in a vehicle accident annually, at an astounding price tag of $18 billion to U.S. employers. Certain types of accidents — such as when...
December 2, 2016
Resource Type: Articles
Nonprofit organizations frequently depend on the service and commitment of volunteers as well as the labor of employees. The skills and talents of both types of workers bring nonprofit missions to life. At first glance, the simple difference between these...
Topics: HR Risk and Employment Practices, Volunteer Risk Management
December 2, 2016
Resource Type: Articles
As another calendar year draws to a close, the subject of “endings” comes to mind. Every day across the U.S., nonprofit leaders experience endings of one kind or another. The departure of a long-time employee, the retirement of a board...
Topics: General
December 2, 2016
Resource Type: Articles
Reading a commercial insurance policy is not an intuitive practice and most people find insurance policies difficult to comprehend. Unlike a good book, it is not a document you can curl up with and casually read from beginning to end....
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Volunteer safety takes many forms in a community-serving nonprofit. From a thorough orientation program to “on-the-job” training, careful supervision and incident follow-up, nonprofits have various opportunities to help their volunteers stay safe. Start at the Beginning Don’t assume that you...
Topics: Facility, Program and Transportation Safety, Volunteer Risk Management
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