A Roadmap to Confident, Accountable Board Governance
Nonprofit boards face rising expectations for accountability and compliance. This comprehensive e-book, based on Enkel’s experience supporting hundreds of nonprofits, provides a clear roadmap to move from financial confusion to confident, strategic oversight. Download your free guide today to transform your board into a strategic partner.
Key Takeaways (What the user will learn)
This guide is essential for Executive Directors, Treasurers, and Board Members who want to enhance their organization’s financial health and strategic impact. Inside, you will learn:
Why Financial Oversight Matters: Understand the fiduciary duty of the board and how strong oversight creates strategic opportunities, not just compliance checks.
Clarifying Roles: Learn how to effectively distinguish between the Board’s strategic oversight role and Management’s operational role, using tools like the RACI Matrix to eliminate confusion and micromanagement.
Building Financial Policies & Controls: Discover the four key areas for effective policies (spending, conflict of interest, approval thresholds, audit protocols) and how to implement strong internal controls to safeguard funds.
When to Bring in Fractional Support: Identify the signs that your organization needs part-time, high-level financial expertise (Controller or CFO) to manage complexity and plan for growth without the cost of a full-time hire.
Board-Level Best Practices: Implement the 10 Best Practices for financial governance, including using a one-page “risk snapshot” and ensuring financial literacy across all board members.
Becoming a CFO-Ready Board: Understand the steps to evolve your board’s financial acumen, turning your governance structure into a strategic asset for mission success.
Table of Contents on E-Book
1 – Introduction
2 – Learnings and Objectives
3 – Why Financial Oversight Matters
4 – Clarifying Roles: Board vs. Management
5 – Building Financial Policies & Controls
6 – When to Bring in Fractional Support
7 – Board-Level Best Practices
8 – Collaboration in Action: Executive Director, Treasurer & Board
9 – Becoming a CFO-Ready Board
10 – Implementation & Roadmap
11 – Structured Financial Governance Checklist
12 – Conclusion
