Explain why an NPO needs a board of directors.
Examine accounting principles and concepts used in businesses.
August 5, 2017When interpreting historical data, why is it important to look at both external and internal evidence?
August 5, 2017The organizational structure and culture of a nonprofit organization (NPO) is quite different from a government or private business. For example, to establish a US NPO, each state sets a minimum number of individuals required to serve on the board of directors of the NPO.
Discuss the following:
- Explain why an NPO needs a board of directors.
- Evaluate and explain why an NPO should or should not exist when for-profit or government agencies provide a similar service, say a private, nonsectarian school.
