Management Features

Management Features (276)

Make Certain You're Following These 6 Compliance Requirements

Compliance among the nonprofits is a key element for remaining in operations. Nonprofits must comply with all federal, state and local regulations at all times to guarantee operations. Although nonprofit compliance requirements vary from one jurisdiction to the other and can be complex or unclear, ensuring you comply with them is important no matter where you are. In today’s digital landscape characterized by online fundraising, the internet could lead to new compliance requirements in areas where donors reside. While there is an existing compliance framework, it does not account for online campaigns.

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Nonprofits Need to be Wary of Potential Scams

Fraud is a serious concern for every type of company. However, it can be highly damaging, particularly when it comes to nonprofit organizations. Fraud can cause irreparable damage to an organization's reputation, which may result in devastating consequences.

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Here are the 9 Things You Need to Consider When Starting Your Nonprofit

Nonprofit organizations play a crucial role in any country. It offers many services to communities, most of which are not offered by local governments. In the United States alone, there are more than 1.7 million active nonprofits. They contribute over $1 trillion to the national economy.

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8 Ways to Manage Your Nonprofit Teams

The COVID-19 pandemic has substantially altered the working arrangements for many organizations worldwide. With the pandemic, almost every industry has had to adapt to the new normal, particularly in managing staff. With this new normal, it was reported that in July 2020, most of the nonprofits had at least 75% of their workforce working from home and 61% of the nonprofits reported in September the same year that their staff were working remotely.

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Is Your Board of Directors Taking Their Tasks Seriously?

In most cases and in many cultures, boards of directors are the key representative of the stakeholders within organizations. They help them validate their financial results, protect assets, counsel the leadership on the strategy, find leaders, and hire new staff. Furthermore, they steer the organization towards a brighter, sustainable future by developing sound and ethical governance and financial management policies. For nonprofits, they ensure that there are adequate resources for advancing their mission. With all these roles, boards of directors have demanding responsibility that requires them to learn more about the organization and their operations so that they can advise the executives and know the company's mission and vision and how they can be achieved.

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Keep Those Employees

Employee retention is the greatest challenge to nonprofits. In a sector where everything revolves around volunteers and donations, there is concern about costs, which raises the problem of high employee turnover. A 2019 report by Bloomerang titled State of the Nonprofit Workplace indicated that nonprofits’ turnover rate is 19% on average. With the challenges stemming from high employee turnover in nonprofits, a flexible working arrangement can help you get more from your staff. Additionally, meeting the challenges caused by high turnover require efforts from many fronts, including investment in leadership capacity, changing reward structure and expanding recruiting horizons to attract more talent. Here are a few ways to help you get the most from your employees.

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Technology, Education, and Nonprofits in the Time of COVID-19

Since March 2020, teachers and schools have faced a host of challenges involving COVID-19. From student connectivity to conducting group discussions online, remote learning has been a learning exercise: an exercise for nonprofits—namely, public schools—in redefining education and the approach teachers take toward shaping the classroom experience.

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Modern HR and Payroll Systems Enable Nonprofits to Deliver on the Mission

As nonprofits, we set out with a mission to serve others. But to achieve that mission, we need to set up systems to care for and grow our most important asset – our people.

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Get More From Your Employees

Employees are a critical part of any organization. Without the right employees and in the absence of motivation, they are likely to perform dismally, and the vision and mission of your organization might suffer. For nonprofits, employee retention should be an important area of focus. In a sector where high operating costs can affect the delivery of service, high employee turnover could affect operations. A 2019 State of the Nonprofit Workplace report by Bloomerang shows that the nonprofits turnover rate stood at an average of 19%. According to the Nonprofit Leadership Alliance, high turnover is not just the amount associated with the staff entering and leaving.  

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Check the Success of Your Nonprofit

Building a strong, successful nonprofit that people can trust is not easy. However, sustaining an already existing organization is even harder, especially in a world filled with ambiguities. Despite the challenges, nonprofits must remain stable and relevant in the ever-changing landscape. To succeed, nonprofits must have a passionate volunteer base, strong and committed leadership, and adequate finances to run their operations. Although these are the main areas that a nonprofit should address, they are not the only ones. Rather as a nonprofit leader, there are a number of positive traits you need to bring in place to ensure your nonprofit succeeds in a tough environment. Here are some characteristics of a successful nonprofit that you need to look into.

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