Mistakes? Oh no!
The following lists some of those issues, in no particular relevance or order:
- Poor choice for organization name;
- Unqualified individuals serving as officers on the board of directors; (make sure BOD officer knows laws required)
- Lack of a Mission Statement or Vision Statement;
- Lack of properly executed program description;
- Obtaining EIN at the incorrect time;
- Lack of “primary” individual at the helm;
- Not hiring qualified staff to manage day-to-day organization activities;
- Failure to document board meetings, votes, and agreements; poor planning and record keeping;
- Shortage of qualified funding for organization management;
- Poorly designed fundraising techniques;
- Not recognizing that “tax-exempt” does not mean “nonprofit!”
These are some of the issues that often arise when developing and running a nonprofit organization. For suggestions in resolving such issues, check back here every week for new articles and information!
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