As an officer on a nonprofit board, you’re responsible for providing legal and financial oversight. These duties ensure that the organization is operating within its means and is in conformity with state, local, and federal laws. Your obligations also include putting the interests of the organization over your own, and it is your responsibility to disclose any conflicts of interest.

Nonprofit boards help non-profits in a variety ways, including by enhancing their culture and in focusing on their strategic objectives and ensuring financial sustainability. They serve as ambassadors to promote the work and mission of the organization.

The mission of a nonprofit should be clearly communicated to its volunteers, staff supporters, donors, and other constituents, and that communication can only happen through advocacy. A board that is passionate and dedicated will be more likely to stay involved and assist in making the organization thrive.

The board is responsible for establishing and adhering to a budget each year, in addition to adopting https://twoboardroom.com/guide-to-managing-virtual-board-meetings/ policies to guide the management of employees as well as donors. It is essential for the success of the organization that the public trusts that the funds are being used properly and in service of the purpose of the nonprofit.

Nonprofit boards also have to oversee an executive director, who is in charge of the day-today operations of the non-profit. In smaller nonprofits, it is possible for directors who volunteer to also be staff members, but this could turn into an unsustainable model that prevents the board from focusing on governance and oversight. To ensure that the board is more effective, the board should delegate their responsibilities to committees, and the committees should report back to the full board.