July 19, 2018

Should a Homeschool Nonprofit Let Members Vote?

12 minutes

Should your homeschool nonprofit group let its members vote? There are many nonprofit groups that do not give their members a vote, but some do! What are the pros and cons or each arrangement?

In this episode of the HomeschoolCPA podcast, Carol Topp will share:

Is it okay to not allow members a vote?

Sample bylaws can be found at HomeschoolCPA.com/Samples

Can a board chose its own replacements?

How can a board get input from the membership?

In the podcast Carol mentioned the duties of the board:

Duty of Care

Read and understand your group’s mission, vision, and governing documents. I recommend a board binder for important documents.

Attend board and committee meetings.

Be informed and be prepared to participate in decision-making.

Duty of Loyalty

Be prepared to put the organization’s goals above your own.

Create and follow a conflict of interest policy. See a sample Conflict of Interest policy.

Disclose personal financial interests when needed/excuse yourself from voting.

Duty of Management

Develop policies about the financial management of the organization. My book Money Management in a Homeschool Organization has a checklist.

Keep accurate and complete records of income and expenses and minutes.

Develop a budget for your plans and your spending.

Develop fundraising goals.

Duty of Compliance

Understand and comply with governing documents, including bylaws. Sample bylaws.

Know and comply with state and federal laws governing non-profit organizations, including registration and reporting requirements. If you’re unsure about what your filings requirements are, my book, The IRS and Your Homeschool Organization, will be helpful.

FEATURED PRODUCT

Homeschool Organization Board Manual

Sometimes current group leaders have none of the important paperwork for their organizations. Homeschool board members should keep all their organization’s important papers in a safe and accessible place. Usually, a 3-ring binder works well.

Author and homeschool advisor, Carol Topp, CPA, has created a Homeschool Organization Board Manual. It is a template to create a board member binder. It has:

A list of important documents to keep in your binder

Section dividers so you can organize the important papers

Tools to help you run your meetings smoothly including

A sample agenda that you can use over and over again

A calendar of board meetings

Click Here for more information!

The post Should a Homeschool Nonprofit Let Members Vote? appeared first on Ultimate Homeschool Podcast Network.

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By Carol Topp

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