The Nonprofit Revitalization Act is a New York State law that was passed in 2013. It was the first attempt at revising the New York State Not-for-Profit Corporation Law (NPCL),…

Getting a board of directors together and submitting all the forms and fees to start up an organization is a good place to begin. Soon after, boards need to work…

Technology helps nearly every industry with operations and administration, but we don’t think of it in relation to nonprofit organizations quite so much. Perhaps that’s because we first think of…

Governance has a whole new set of acronyms for new board directors to get used to. One acronym that inexperienced board directors of nonprofit organizations will hear a lot is…

The basic principles of good corporate governance apply equally to nonprofit entities as they do for public or for-profit entities. Good governance benefits both types of entities equally. Regardless of…

What is risk? According to the Business Dictionary, risk is defined as: “A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by…

It’s a misnomer to believe that only large nonprofit organizations need D&O insurance. Directors and officers of every-sized nonprofit organization have meaningful exposure to personal liability. About 20% of all…

Nonprofit organizations play a vital role in improving the quality of life for people living in communities.    Nonprofits provide many of the social services that fill the gaps that governments…

Behind every successful and prosperous 501(c)(3) is a healthy, vibrant and energized board. Board evaluations are a viable tool to help boards maintain their vitality. By taking what they learn…

Nonprofit boards spend the vast amount of their time checking up on employees, volunteers and other stakeholders. At least once a year, nonprofit boards should take the time to look…