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Finances
1/28/2015 12:00 AM

In this Board & Administrator feature, Executive Director Howard Brooks in Colorado Springs, Colo., describes his board’s approach to diversifying the nonprofit’s funding.

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Executive Director Howard Brooks (Colorado Springs, Colo.; 719-591-0772) credits his board with preventing financial problems at his organization.

“The board recognized the risk in having too many eggs in one basket,” he said.

“Rather than waiting for a shortfall to happen, the board has been active in helping the organization diversify revenue sources,” Brooks said.

Six years ago, the organization receent of revenue from one government funder, he said.

“With board support we are expanding traditional fundraising and have created a social enterprise,” he said. The social enterprise the organization provides is making homes energy-efficient for paying customers—with 100 percent of the profits serving low-income families at no cost, Brooks said.

“That one government funder’s contribution has dropped below 80 percent of total agency revenue, even though their funding to us has steadily grown,” he said.

Board role
1/23/2015 12:00 AM

Board & Administrator Editor Jeff Stratton provides several tips for helping the board write a performance improvement plan.

Regarding the improvement of its own performance, the board sometimes needs a nudge from the executive director and board leadership. Work with your board chair to develop a set of stretch goals or commitments that will improve your board. Here are some examples:

  • Each board member will support the capital campaign by giving the executive director one venue to speak about the organization.
  • The board will attain the goal of having each member make an annual donation to the organization.
  • The board will have each member perform two advocacy tasks that may include writing a letter to the editor, meeting with a state representative or speaking in public about the organization.
  • The board will have each member suggest one board member “prospect” to the nominations committee.
  • The board will have a meeting attendance rate of 80 percent.
  • The board will have 100 percent member participation in a board self-evaluation.

Tip: Setting board goals like this is terrific, but should be accompanied by a monitoring activity. The board chair can track and report on achievement of board goals each month or quarterly.

Nonprofit executive compensation
1/16/2015 12:00 AM

The data in this Board & Administrator chart shows recent salary gains for nonprofit executives.

The chart below shows average salary information and other data for the past three years. The data come from our Surveys of Nonprofit Executive Compensation, annual surveys produced for the past 25 years by Board & Administrator. We will soon see if salaries are up again such as they were in 2013, after several years of pay stagnation in the B&A readership. Board & Administrator’s 2015 Report on Nonprofit Executive Compensation will be coming in your March 2015 issue. Please stay tuned for this valuable subscriber benefit we make available only to paid subscribers of B&A.


Resources
1/9/2015 12:00 AM

This board evaluation instrument from Board & Administrator Editor Jeff Stratton is a tool the CEO can use to see how well the board is set up to govern effectively.


Resources
12/19/2014 12:00 AM

Executive Director Susan Levy assists her board committee chairs by helping them develop a Chart of Work outlining the committee’s responsibilities for the year.

11/7/2014 12:00 AM

These tools from Board & Administrator reader Jan Mancinelli (Petoskey, Mich.) and Editor Jeff Stratton can improve the effectiveness of your board member orientation strategy.

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  • Meet the Editor

    Jeff Stratton
    Editor

    Jeff Stratton has edited Board & Administrator since 1992. As the Board Doctor, he has advised thousands of executive directors and board members on issues like prevention of
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