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December 2, 2016
Resource Type: Articles
New Electronic Filing Requirement for Small Tax-Exempt Organizations
Annual Electronic Notice — e-Postcard (Form 990-N) Striving to comply with local, state and federal laws is a first step in managing risk well. Acceptable excuses for noncompliance do not include: “I didn’t know.” The penalty for noncompliance may be...
Topics: Governance
December 2, 2016
Resource Type: Articles
New Audit Standards May Feel Like a Foreign Landscape
Has your auditor given you a call about the new audit standards under Statement on Auditing Standards, No. 112 (“SAS 112”)? Officially known as “Communicating Internal Control Related Matters Identified in An Audit,” the new requirements will be unfamiliar to many...
Topics: Fraud and Financial Oversight
December 2, 2016
Resource Type: Articles
Myths of Volunteer Risk Management, Part 3
This is the third in a series of articles concerning myths about volunteer liability. This installment covers the concept of agency as it relates to volunteer activities and how an organization should address its potential liability for the actions of...
Topics: Volunteer Risk Management
December 2, 2016
Resource Type: Articles, Risk eNews
Fiscal Responsibility and Oversight: Empower Your Board to Lead
(This article is excerpted from the book, Financial Risk Management: A Guide for Nonprofit Executives. While it is rare in a mature nonprofit for a board member to perform day-to-day bookkeeping or financial management duties (such as making journal entries or...
Topics: Fraud and Financial Oversight, Governance
December 2, 2016
Resource Type: Articles
Myths of Volunteer Risk Management, Part 2
This is the second of a series on common myths associated with the risks of using volunteers in nonprofit organizations. We’ll look at each myth for its impact on liability assessment, the purchase of insurance, and risk management planning. Myth...
Topics: Insurance and Risk Financing, Volunteer Risk Management
December 2, 2016
Resource Type: Articles
Myths of Volunteer Risk Management, Part 1
This is the first of a six-part series on common myths about the risks of using volunteers in nonprofit organizations. We’ll look at each myth for its impact on liability assessment, the purchase of insurance, and risk management planning. Myth...
Topics: Volunteer Risk Management
December 2, 2016
Resource Type: Articles
Creating an Effective Employee Handbook for Your Nonprofit
Employers often use handbooks and manuals to inform employees of their employment policies and to enforce their at-will policies. Although no express employment contract exists, courts have held that handbooks and manuals can be implied contracts if the language creates...
Topics: HR Risk and Employment Practices
December 2, 2016
Resource Type: Articles
My Generation Reaping the Rewards of a Multigenerational Workforce
Nonprofit missions require high performing, collegial work teams. And increasingly, nonprofit workplaces are staffed by individuals from three, four or even five generations. These intergenerational staff teams are charged with delivering services and programs that advance ambitious, communityserving missions. During...
Topics: HR Risk and Employment Practices, Organizational Culture
December 2, 2016
Resource Type: Articles
Managing Holiday Party Risks
It’s time to celebrate! Whether your nonprofit landed a new grant, improved service to consumers, or logged a record number of volunteer hours this year, a celebratory party is overdue. Office parties are a great idea for numerous reasons. They...
Topics: HR Risk and Employment Practices
December 2, 2016
Resource Type: Articles
Contemplating Coverage: Insurance for Nonprofits
Are you suddenly responsible for buying insurance for your nonprofit? Or perhaps you have been responsible for some time but have just realized that there are a few gaps in your understanding of what you buy, why you buy it...
Topics: Insurance and Risk Financing