A formal whistleblower policy is essential to protecting a nonprofit’s financial security and public reputation. This article describes the elements of a good whistleblower policy, including which individuals and activities are covered, and encourages nonprofits to distribute their policy widely. A sidebar explains the prohibition against retaliation.
To prevent budget deficits, nonprofits need to improve cash management, particularly when it comes to billing, receipts and disbursements. This article provides such tips as moving fundraising calendars ahead, correcting billing errors quickly and prioritizing disbursements.
Nonprofit boards aren’t required to have audit committees. But as this article argues, an audit committee helps ensure financial integrity, limit risk and protect an organization’s reputation. The article lists audit committee responsibilities and describes committee members’ qualifications.
Many nonprofits optimize their websites for search engines when they first launch and never again revisit their search engine optimization (SEO) strategy. This article explains why it’s important to keep up with trends affecting keywords, mobile devices, social media, links and content.