Q&As

• Make your 990s easily available.
• Publish an annual report with financial data. 
• Rely on annual independent audits.
• Create necessary policies and enforce them regularly.
• Avoid and manage conflicts of interest.
• Understand your board's role and responsibilities.
• Be familiar with intermediate sanctions.
• Keep good records and keep them organized.
• Know the federal regulations and your state laws.
• Embrace inclusiveness.

For more information, see The Source: Twelve Principles of Governance That Power Exceptional Boards in our bookstore.