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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: Risk eNews
My Top Ten for 2010
The beginning of a new year is a perfect time to pen a “top ten” list and this year I hope to combine my love of poetry with my job as a writer with a risk management beat. Admittedly the...
Topics: General
December 2, 2016
Resource Type: Risk eNews
Salty and Sweet
Recently I’ve noticed an interesting trend in restaurant desserts: the addition of salt as a prominent ingredient. Experienced home cooks know that a small amount of salt is typically present in even the sweetest desserts. But the trend of featuring...
Topics: General
December 2, 2016
Resource Type: Risk eNews
Managing Mission Creep
The perennial debate: be good at everything or be great at one thing? I've witnessed this struggle at diverse nonprofits during many NRMC consulting engagements. The door of opportunity opens and most nonprofit leaders eagerly walk through. We take on...
Topics: General
December 2, 2016
Resource Type: Risk eNews
Money Matters
Savvy nonprofit leaders recognize that the availability of financial resources is key to mission advancement. Money—plus appropriate human resources, strong stakeholder support and a compelling vision—add up to a nonprofit with places to go and problems to solve. And attracting...
Topics: Enterprise Risk Management
December 2, 2016
Resource Type: Risk eNews
Money for Nothing: Financial Management in Difficult Times
For many nonprofits that are working to ride out the recession the need to cut costs and operate austerely is painful and ever-present. Yet an unintended downside of near-obsessive focus on the present may be neglect of long-term opportunities. With...
Topics: Fraud and Financial Oversight
December 2, 2016
Resource Type: Risk eNews
‘A rose is a rose…’–What about a Red Cross?
What would your nonprofit do if it were forced to give up its logo or tag line because another organization successfully claimed it as their own? The American Red Cross survived such a threat recently when a federal court in...
Topics: General
December 2, 2016
Resource Type: Risk eNews
Contractor or Employee? Time to Get it Right
It’s nice to know that you’ve answered correctly, particularly on matters over which the Internal Revenue Service has authority. But when it comes to classifying workers as either employees or independent contractors, many nonprofit leaders select the more convenient option....
Topics: HR Risk and Employment Practices
December 2, 2016
Resource Type: Risk eNews
Conquering the Fear of Scrutiny
I Would Prefer That You Not Look To err is human. And to fear scrutiny of our shortcomings is human nature. Although the popularity of reality TV shows suggests otherwise, most people value their privacy and would prefer to keep...
Topics: Risk Assessment
December 2, 2016
Resource Type: Risk eNews
Conquer Your Fear with Familiarity
I’ve often remarked that, in the absence of fear, few nonprofit leaders would look to the Nonprofit Risk Management Center for advice and assistance. Fear motivates leaders to attend risk management workshops, purchase online tools, and read the books and...
Topics: Risk Assessment