Due to new regulations, GAAP for nonprofits has changed and nonprofits should be aware of these accounting changes for all financial reports.
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A nonprofit board composition matrix helps to categorize certain skills, competencies and demographics to better recruit for your board.
Nonprofit board's role in strategic planning is to set up plans to work toward achieving business goals & objectives that reflect the mission
Forming nonprofit board committees also has additional benefits for board directors. The size of a nonprofit board typically drives the types of committees.
One of the most important duties of nonprofit boards is to hire strong and capable executive directors through a nonprofit board succession plan.