Key Resources for Managing a Non-profit Organization

In many organizations, management plays a vital role in the success of the organization. However, the management requires some that would effectively assist them in their roles. These resources should be used by the management to achieve organizational goals.

Non-profit organizations also require useful resources for management. In most cases, non-profit organizations provide charity assistance to society. Therefore, this paper analyses five resources that are useful in managing a non-profit organization.

1. Board Roles and Responsibilities

A board manages many non-profit organizations. The board consists of members who have their roles and responsibilities. In other words, the board acts as the overall management body of the organization.

Therefore, the board is the beginning point as far as the management of the non-profit organization is concerned. In this regard, the board should be responsible for all day to day activities of the organization. The board is mandated to carry out different roles and responsibilities.

The first role of the board is to manage the organization. By management, I mean that they are mandated to apply for the management roles in the organization.

These roles include; planning, organizing, directing, leading, and controlling. In terms of planning purposes, the board ensures that the right strategies are put in place for the future development of the organization.

On that note, the board can also assist in choosing a competent Chief Executive Officer of the organization. Notably, the board ensures that there is a smooth running of the organization. In the circumstances of failure, the board will be considered liable.

For instance, when a charity organization such as a children’s home needs to run effectively, it should have a competent management board. The board will help in steering up what the children’s home is required to achieve.

4 + 5 + 4 + 3 + 5 = 21/5 therefore, the resource gets 4.2

• Financial Management

Accountability is one of the essential factors in an organization. In this regard, the next resource would be financial management. As the name suggests, the financial assets of an organization should be managed in the right way. In other words, every financial aspect of the organization should be used effectively.

All financial matters should be handled with accountability. As far as the non-profit organization is concerned, financial management is also responsible for the running of day to day activities.

One of the roles of financial management is that it ensures the effective use of donor funds. Many non-profit organizations source their funds from donors and well-wishers. Donors contribute generously to the organization.

The main aim of such contributions is to ensure that the organization has full financial support that it needs. Other people donate as a form of giving back to society.

Therefore, such funds should be used appropriately. The organization should embrace good ethical standards such as accountability, competency, and integrity.

When donors donate money to a children’s home, they do so in the expectation that the money would be used to help the children. In other words, they tend to assist in meeting the primary and secondary needs of the children.

Therefore, the whole amount of money should be used as intended. Financial management and accountability principles are applied in such a situation.

5 + 3 + 4 + 2 + 3 = 17/5 therefore, the resource gets 3.4

• Fundraising

The other valuable resource in a non-profit organization is fundraising. Since the organizations do not exist to generate profit, they depend on other sources such as fundraising.

Additionally, fundraising is allowed by different relevant authorities. The main aim of fundraising is to source for funds toward the achievement of organization goals.

A fundraising resource would help the organization in identifying the best people and organizations which can donate funds. In this regard, different parties that are willing to lend a helping hand for the support of the organization can be identified.

The organization can also learn how to reach such people. Therefore, fundraising is an excellent resource that most non-profit organizations should embrace.

A good example would be the management of children’s can organize fundraising to aid in the construction of a school. On that note, the management can identify potential people or organizations that are willing to donate funds.

Therefore, non-profit organizations should consider fundraising as a useful resource that can help in achieving the organizational goal.

4 + 3 + 5 + 5 + 3 = 20/5 therefore, the resource gets 4

• Effective Board Meetings for good Governance

Board meetings are also a good resource as far as the governance of the organization is concerned. On that note, the board members should meet to discuss relevant issues that affect the day to day activities of the organization.

Ideally, the management board would not be effective without meetings. Therefore, meetings can help the board to be deliberate on issues that affect the organization.

Productive meetings also assist the management board in identifying problems in the organization. Through such meetings, the board members can present issues that need to be addressed in the organization. Those issues that need immediate attention can be given priority.

In this regard, the management can address the problems for the effective performance of the organization. For example, the board of a given non-profit organization can decide to have weekly meetings to deliberate on issues concerning management.

5 + 3 + 4 + 3 + 2 = 17/5 therefore, the resource gets 3.4

• Employment

The other valuable resource is employment. In this regard, employment opportunities in the non-profit organization are advertised to the public. In the contemporary world, different online platforms have enabled people to secure job positions in different organizations.

For instance, Indeed.com provides an excellent platform where people can search for jobs.

As far as non-profit organizations are concerned, the management can find competent employees who are willing to work with the organization. Additionally, the organization can advertise available job opportunities. Those who are interested in working with the organization are therefore encouraged to apply.

Moreover, such employment opportunities can help the organization in identifying competent staff that can help in steering up the organizational goals. In many cases, jobs in non-profit organizations are voluntary. In this regard, it means that many people volunteer to work for free.

For example, a charitable organization can advertise the shortage of financial experts. They can do so through different platforms such as Indeed.com. The organization can identify competent applicants who are willing to work with the organization.

Notably, the main aim of employment in non-profit organizations is to get competent and qualified people who can promote good governance in the organization.