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Responsibilities of the Nonprofit Board of Directors

Every organization, including churches and other faith-based entities, are generally incorporated within their state of operation and have received special exemptions that allow them to operate without having to pay income tax on their annual earnings. Being recognized as a tax-exempt organization is a privilege however that comes with certain responsibilities. Consequently, a failure to […]

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Nonprofit Board Governance

Members of the corporate board of directors, whether they be a for-profit company or a non-profit organized as a public benefit, mutual benefit, or religious entity are the “fiduciaries” responsible for steering the organization towards a sustainable future. They do this by adopting sound, ethical, and legal governance policies, ensuring that financial management practices are […]

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