The role of nonprofit boards is crucial to the overall success of an organization. They are responsible for governing, promote, and oversee the vision, mission goals and values of a nonprofit. They are also responsible for making decisions that ensure the long-term viability of the organization. This includes the duty of the board to protect the institution from financial ruin and ensure that the public has confidence in the organisation.
Legal oversight is an additional important job for boards of nonprofits. This involves ensuring that state, local or federal laws are followed by the nonprofit. This also includes filing and renewing paperwork with appropriate government agencies (in the US, this is the IRS).
The board is accountable for establishing the guidelines for how the nonprofit functions. This includes a range of issues including the way employees are managed, the way donor/supporter data is handled, as well fundraising activities.
The board is also accountable for establishing budgets and implementing them. This includes setting short- and long-term strategic plans for the organization in collaboration with the Executive Director, full staff, and other key stakeholders.
To ensure the achievement of an organization it is essential that every board member knows their role and responsibilities. Your nonprofit is at risk of micromanagement and poor management if you don’t have an understanding of. It is vital to educate new Board Members about the role of boards of non-profit organizations prior to when they join.
https://twoboardroom.com/nonprofit-boards-role-in-human-resource-management/