Nonprofit Fraud: Tips for Spotting and Preventing It - "Thankfully, whether your nonprofit organization is large or small, there are steps you can take to reduce the risk of fraud and to detect it if it occurs. In fact, some of the most effective anti-fraud controls are the least expensive to implement.
A memorandum of understanding (MOU) often lacks the needed detail to resolve misunderstandings between a nonprofit and another party. In MOUs versus Contracts, the author suggests ways to approach contracts that are socially agreeable as well as mitigiate legal risk. (Charity Lawyer)
Indicators of Financial Crisis - "We all know that a stressed organization operating with the best of intentions can still make ill-advised decisions, especially in the financial arena – and the results can be damaging. We also know that sometimes seeing a financial crisis is difficult. We want to make it easier so you can recover faster. And we want you to see the challenges before you end up in crisis." (The Foraker Group)
Implementing Your Backup Strategy- "Ensuring that your critical data is backed up regularly is essential for keeping your organization up and running, no matter what happens. This article will help you implement an effective backup strategy, with tips on what to back up, and how to choose local and remote backup solutions." (TechSoup Global)
Business Move Checklist is a thorough checklist of everything you need to do to move your organization to a new location or facility, starting three months out from the move date. (Hughes Marino)
Managing the Risk of Insider Theft - One of the most difficult risks to assess and address in a nonprofit is the possibility of theft of financial and other assets by insiders—the people the nonprofit depends on to achieve its mission. One starting point for preventing workplace theft is understanding why and how people steal from their employers. (Nonprofit Risk Management Center)
This sample statement defines self-dealing transactions and describes the appropriate approval process and why prohibition of private inurement is important for all organizations.
Sample Statement for Self-Dealing Transactions
Classifying Employees Correctly as either an independent contractor or employee and then as an exempt or non-exempt employee is critical for avoiding costly legal fees, penalties, and back owed overtime wages plus back taxes. (National Council of Nonprofits)
Employee Classification Conundrum offers a step-by-step assessment to help determine whether an employee should be classified as exempt versus non-exempt under the Department of Labor's Fair Labor Standards Act. (Nonprofit Risk Management Center)
Your organization might be wondering how to get involved in elections. It's important to understand what types of election-related activities you can and can't do, as detailed in this excerpt Common Ground.
© North Carolina Center for Nonprofit Organizations, Inc. From Common Ground, a publication of the N.C. Center for Nonprofits