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THE NONPROFIT RISK BOOK

Book Description

The Nonprofit Risk Book guides you through the process of finding, managing and mitigating risks that sap your nonprofit organization's time, finances, and resources. The book will lead you through a systematic process of evaluating what you know best: your organization and its operations. You will learn how to build a list of risks and evaluate each one for its likelihood and impact.

After assigning a priority to each risk based on its severity and determining the resources needed to address it, you will be able to create a risk register. From this, you will be able to plan mitigation actions to address each risk and set dates for mitigation plan review and completion. Learn how to use the tools nonprofit leaders need to manage risk in programs and other operations.

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Contents
  5. Part I: Nonprofit Risk and Mitigation
    1. Chapter 1: Thinking About Risk
      1. What’s Special About Nonprofit Risk?
        1. The Nonprofit Business Model Creates Risks for Many Nonprofit Organizations
        2. 6 Common Warning Signs of Underlying Risk
      2. What Is Risk?
        1. Types of Risk
        2. Dimensions of Risk
        3. Categories of Risk
        4. 5 Operating Risks in Key Organizational Pillars
      3. Why Nonprofit Enterprise Risk Management Matters
        1. Risk Profile
        2. Appetite for Risk
      4. Summary
    2. Chapter 2: Getting Started with Enterprise Risk Management
      1. Defining Enterprise Risk Management
        1. Getting Started with Enterprise Risk Management
      2. Teeing Up the ERM Planning Process
      3. Stage 1. Readiness and Rollout
        1. Step 1. Taking Stock of Your Organization and Its Readiness for ERM
        2. Step 2. Find Champions and Build a Team
        3. Step 3. Engage Managers, Staff, and Board in Risk Assessment
        4. Step 4. Frame out the Process
      4. Stage 2. Risk Identification and Assessment
        1. Step 1. Risk Identification
        2. Step 2. Risk Assessment
        3. Step 3. Organize and Describe Risks
      5. Tools for Risk Assessment
        1. Likelihood/Impact Matrix
      6. Moving to ERM Mitigation Planning
      7. Summary
    3. Chapter 3: Risk Mitigation Plan Development & Monitoring
      1. Turning Your Risk Assessment into a Risk Mitigation Plan
        1. Step 1. Develop an Enterprise Risk Policy that Describes the Overall Framework for ERM Activities
        2. Step 2. Use Tools to Develop Mitigation Action Plans (MAPs) to Manage Risk Management Activities
        3. Step 3. Develop a Reporting Process to Monitor the Status and Completion of Risk Mitigation Activities
        4. Step 4. Develop Indicators to Track and Report Risk, Summarize Mitigation Activities and Document Resolution
        5. Step 5. Create a Schedule for Monitoring ERM Plan Implementation and Reviewing the Effectiveness of Mitigation Strategies
      2. Creating a Risk Register and Risk Mitigation Log
        1. Reporting and Mitigation Accountability Strategies
        2. A Note on Residual Risk
      3. Implementing Your ERM Plan and Monitoring Risk
      4. Summary
    4. Chapter 4: Making It Work
      1. Getting Started
      2. The Nonprofit Risk App
        1. Navigation (Top Controls)
        2. Tab Bar (Bottom Controls)
      3. Readiness and Rollout
      4. Risk Identification and Assessment
        1. Building the Risk List
        2. Turning the Risk List into a Risk Register
      5. Risk Mitigation Plan Development & Monitoring
      6. Summary
  6. Part II: Nonprofit Operating Risk
    1. Chapter 5: Programs & Services
      1. Focusing on Mission
        1. What to Watch For
        2. Prevention
        3. Mitigation
      2. Providing Programming & Services
        1. What to Watch For
        2. Prevention
      3. Serving the Public: Patrons, Audiences, and Clients
        1. What to Watch For
        2. Prevention
      4. Working with Other Organizations
        1. What to Watch For
        2. Prevention
        3. Mitigation
      5. Planning for Sustainability, Resizing, and the Future
        1. What to Watch For
        2. Prevention
        3. Mitigation
      6. Summary
    2. Chapter 6: Personnel
      1. Working for Good
      2. Personnel in Action
        1. What to Watch For
      3. Conflicts of Interest
        1. What to Watch For
        2. Prevention
      4. Conflicts of Role
        1. What to Watch For
        2. Prevention
      5. Working with Management
        1. What to Watch For
        2. Prevention
        3. Mitigation
      6. Managing Credentials and Performance Appraisals
        1. What to Watch For
        2. Prevention
      7. Summary
    3. Chapter 7: Environment, Regulatory, and Compliance Issues
      1. Managing in the Community and Operating Environments
        1. What to Watch For
        2. Prevention
      2. Managing Compliance and Regulations
        1. What to Watch For
        2. Prevention
      3. Responding to Catastrophic Environmental Risk
        1. What to Watch For
      4. Being Part of the Nonprofit Environment
        1. What to Watch For
        2. Prevention
      5. Summary
    4. Chapter 8: Finance
      1. Managing the Organization’s Cash, Investments, and Financial Reputation
        1. What to Watch For
        2. Prevention
        3. Mitigation
      2. Accounting for Grants, Activities, and Overhead
        1. What to Watch For
        2. Prevention
        3. Mitigation
      3. Dealing with Discretionary, Ad Hoc, and Emergency Situations
        1. What to Watch For
        2. Prevention
        3. Mitigation
      4. Summary
    5. Chapter 9: Fundraising
      1. Working with Grants and Funders
        1. What to Watch For
        2. Prevention
        3. Mitigation
      2. Managing the Donor Base
        1. What to Watch For
        2. Prevention
      3. Fundraising Events
        1. What to Watch For
        2. Mitigation
      4. Summary
    6. Chapter 10: Marketing, Communications, and Reputation
      1. Focusing on Mission and Partners
        1. What to Watch For
        2. Prevention
        3. Mitigation
      2. Calendaring
        1. What to Watch For
        2. Prevention
        3. Mitigation
      3. Messaging
        1. What to Watch For
        2. Prevention
        3. Mitigation
      4. Managing the Economic Model
        1. What to Watch For
        2. Prevention
        3. Mitigation
      5. Summary
    7. Chapter 11: Operations
      1. Handling Operational Tax Issues in Nonprofit and Nongovernmental Organizations
        1. What to Watch For
        2. Prevention
        3. Mitigation
      2. Reviewing Basic Operational Risks for Organizations: Document and Data Retention
        1. What to Watch For
        2. Prevention
      3. Reviewing Basic Operational Risks for Organizations: Disaster Recovery
        1. What to Watch For
        2. Precautions
      4. Preparing for Business Interruption
        1. What to Watch For
      5. Handling Failure of Key Partners
        1. What to Watch For
      6. Summary
    8. Chapter 12: Technology & Data
      1. Staying on Top of Cyber Continuity
        1. What to Watch For
        2. Prevention
        3. Mitigation
      2. Working with Organization-wide Systems and Standards
        1. Prevention
        2. Mitigation
      3. Maintaining Functional Systems and Standards
        1. What to Watch For
        2. Prevention
      4. Keeping in Touch with Web and Social Media
        1. What to Watch For
        2. Prevention
      5. Organizing Hardware, Networks, Devices, and Technology Skills
        1. What to Watch For
        2. Prevention
      6. Developing and Acquiring Systems, Data, Apps, and Projects
        1. What to Watch For
        2. Prevention
      7. Summary
    9. Chapter 13: Board Governance and Oversight
      1. Creating a Nonprofit or Nongovernmental Organization
        1. What to Watch For
        2. Founderitis (Founder Syndrome)
        3. Prevention
      2. Maintaining a Sustainable Board
        1. What to Watch For
        2. Prevention
      3. Summary
      4. Moving On
  7. Index