Operate like a business - But not too much like a business! The well-meaning have been advising exempt organizations to “operate like a business” for years. If the organization is a Section 501(c)(3)
Failing to Understand Fiduciary Duties When you volunteer to serve as a director or officer of a non-profit, you accept the responsibility to act with the duties of good faith, due care and loyalty.
Review the Revised Form 990 and Note Areas That Impact Your Organization The revised Form 990 inquires about the following policies and procedures - Policies - - Conflict of interest policy and di