Non profit mid term
A nonprofit organization is best defined as
a means for voluntary group action for the mutual benefit of others
Private inurement doctrine basically says that a nonprofit
can't be set up to benefit a person instead of a cause
In order to successfully develop and implement a strategic plan, leaders should
engage the board of directors in planning in substantial ways
Leaders need "buy-in" before they can implement a new strategy.
false
Although organizational members and leaders at every level matter, _____________ have a disproportionate amount of impact on an organization's success.
higher-level leaders
The author of this chapter outlines 4 things he wishes he knew when he began his human resources career. Which of the following is not included within that list?
in the short term, diversity often creates more problems than it solves
By law, a nonprofit organization
is not permitted to distribute its profits to those who control it
A successful leader in the nonprofit sector
learns equally from outstanding and mediocre leaders
According to the author, the most effective leadership style is almost always
none of the above
Nonprofit organizations may engage in legislative activities to the extent that lobbying is not a substantial part of their overall functions.
true
To support diversity, emerging leaders should identify and build relationships with organizations and partnerships that may serve as sources of diverse candidates for staff, volunteer, and board openings.
true
You should avoid being overly modest in informational meetings and interviews, using this time instead to "sell" yourself.
true
different generations are - in essence - different cultures.
true
In order to harness the "power of networks" you should never
use email to ask for advice
The three sectors of society include
public, private, and nonprofit
Tax-exempt organizations are most commonly referred to as being a _____________ because of the section they must file with under the Internal Revenue Code.
501c3
Restricted contributions are funds that
A) an organization must use only to pay for specific business costs B) are generally geared towards program expenses, rather than overhead costs C) donors have placed a cap on how/when they can be used D) all of the above
Effective nonprofit leaders should
A) produce monthly or quarterly financial statements B) share financial data with their board, funders and internal/external stakeholders C) compare year-to-date actuals to the proposed budget D) all of the above
To "know yourself, your interests, and your skills as well as possible" the authors suggest
A) reflecting in what "makes your heart sing" B) testing your interests against reality C) attending conferences and events sponsored by local nonprofit organizations D) all of the above
A defining characteristic of nonprofit organizations is
A) they are private, not governmental B) they are voluntary C) they seek to provide a societal benefit D) all of the above
Which generation is more likely to define itself through its work
Boomer Generation
Diversity includes - but is not limited to - issues of
Everything
The authors of this chapter list 6 actions that can help a leader be sensitive to generational issues. Which of the following is not included within that list?
Expand the competencies of each generation
A nonprofit organization should set aside at least 60 days of operating expenses in a "rainy day" fund.
False
The 4 generations discussed in this chapter's opening section include:
Silent Generation
S.W.O.T. is an acronym for
Strengths, Weaknesses, Opportunities, and Threats
Good leaders delegate - rather than manage - and then hold people accountable for the results.
True
Nonprofit organizations are where social reform has most often arisen.
True
A strategic plan is
an organized pattern of behavior toward an end
According the to authors of this chapter, 501(c)(3)s (i.e., nonprofit organizations)
are businesses
Four ways to develop yourself personally and professionally include
assuming added roles, reading, working freelance, & applying for leadership training