Build a Competent Board – 8th of 10 Responsibilities of Nonprofit Boards

When building your board, there are three key principles to keep in mind:

1) Any organization’s governing board will only be as effective as its individual board members. Accordingly, the board needs to consider the ideal mix of professional skills, backgrounds, and other necessary characteristics.

2) Members of governing boards will respond only to the level of expectation articulated to them by the organization and its leaders. So it’s essential to clarify expectations before an individual joins the board.

3) A well-balanced and functioning board depends on the sustained hard work of the governance committee. They can assess and orient new board members, and ensure continuous opportunities for board member education.

Term limits are a good mechanism to ensure rotation and a continuous flow of fresh ideas. Building a competent board is an ongoing process.

About cozbycpa

Heather L. Cozby is a CPA on the South Shore and Cape Cod. The managing partner of Cozby & Company, LLC, Heather has the resources and experience necessary to provide quality professional services on a timely basis and at a reasonable cost. She specializes in tax planning & preparation; audit, review & compilation services; management advisory services; bookkeeping; and accounting. Her unique niche is in working with homeowners’ associations and condominium trusts, advising with rental real estate, and providing outsourced financial consulting for mid-sized companies. She is more entrepreneurial than most accountants, and offers the best of both worlds - providing the services of a larger firm while retaining the ability to connect with her clients on a personal level.
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