https://twoboardroom.com/the-relationship-between-the-ceo-and-the-board-of-directors/
The role of nonprofit boards is crucial to the success of an organization. They help to govern and promote the vision, mission goals and values of a nonprofit. They also have to make decisions that ensure the long-term viability of the organization. The board is required to safeguard the organization from financial destruction and ensure that the public trusts the organization.
Legal oversight is an additional important task for boards of non-profit organizations. This includes making sure that local, state or federal laws are adhered to by the non-profit. It also involves the submission and renewal of paperwork to appropriate government agencies (in the US, this is the IRS).
The board is responsible for establishing guidelines that govern how the nonprofit operates. This covers a variety of things, including how employees are managed as well as how donor/supporter data is handled, and fundraising activities.
In addition to establishing policies, the board is responsible in establishing and implementing budgets. This includes setting short- and long-term strategic plans for the organization in conjunction with the Executive Director, all staff, and other key stakeholders.
It’s vital that board members are aware of their duties and responsibilities to ensure the success of the organization. Your nonprofit is susceptible to micromanagement and poor management if you don’t have an understanding of. This is why it’s essential to teach new Board members on the duties of a non-profit board before they are appointed.