Risk Management

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  • As a result of attending this session, you will be able to: (1) understand and apply the three lenses used to complete an impactful Form 990; (2) describe how the Form 990 is organized along with the purposes of each section; (3) differentiate which areas of the Form 990 receive increased attention from the IRS and use that to evaluate the overall effectiveness of your Form 990.

    Watch now!

  • What Nonprofits Need to Know About Security: A Practical Guide to Managing Risk* provides succinct guidance on how to mitigate your nonprofit's risk exposure, implement basic protections, and build a culture that values security with firm policies in place to guide staff. It includes a staff security checklist, case studies of other nonprofits' experiences with cybersecurity, as well as a list of where to find additional resources. (TechImpact, 2021)

    Topics covered:

  • Washington Nonprofits and Jacobson Jarvis, PLLC worked in partnership to develop the Finance Unlocked for Nonprofits (FUN) Oversight Kit. Finance Unlocked for Nonprofits was designed to increase nonprofit finance literacy in ways that help board members to grow their mission and protect their assets.

  • Best Practices for Internal Controls of Nonprofit Organizations offers a four-page overview on everything from cash disbursements to payroll to policies for managing assets. It also covers the intersection of personnel and financial manangement with recommendations for board conduct, segregation of staff duties, and documenting executive director expenditures.

  • By Rob Zuengler and Jenny Dominguez, CliftonLarsonAllen
    Reprinted with permission from CliftonLarsonAllen

    Could your nonprofit afford to lose $639,000? According to a recent study, that amount of loss due to fraud is not out of the question. Occupational fraud is a real threat to nonprofits and it could be committed by anyone from an employee to an executive.

  • Marshall Whittey, Regional Sales Director, First Nonprofit

  • "Ransomware" refers to any virus or malware that maliciously encrypts your computer, data, or network to hold it hostage and bring your organization to a standstill until a ransom is paid. During these attacks, your systems display messages prompting users to pay or take other actions that further compromise your organization's security, while promising to allegedly allow you to regain control over your systems or retrieve your data.

  • The Cyber Readiness Institute (CRI) reports "more than 60% of data breaches are a result of weak or stolen passwords, 91% of all attacks start with a phishing email, 27% of malware infections are introduced via a corrupted USB, and 77% of attacks in 2017 could have been prevented if software was up-to-date." Luckily, an ounce of prevention is worth a pound of cure, and CRI offers a series of short guides below, free webinars,

  • Ransomware attacks block access to your IT infrastructure or your constituent/donor data unless you pay the attacker to release your property.

  • The Workforce Re-Entry Toolkit (UST) provides helpful checklists, letter templates, sample policies, and response plans designed to help nonprofit leaders prepare to re-enter the workplace. It also includes an on-demand webinar with tips for welcoming employees back to the office while maintaining compliance with state and federal COVID-19 regulations.

    Workforce Re-Entry Toolkit:

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