Congratulations on the formation and approval of your nonprofit organization and best wishes for success ahead! However, approval was the easy part. Now the ongoing requirements of managing a nonprofit organization is more demanding. I compiled these observations from watching dozens of new nonprofit organizations throughout the country move from their initial launch through early operational stage. Core concepts in management of a nonprofit organization are highlighted below. This article is meant as a brief introduction of nine next steps you are likely to consider. 1) Basic Governance All nonprofit organizations should have a solid Financial Procedures Policy and a Conflict of Interest

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