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Nonprofit Governance
The Family Christian Association of America (FCAA), Inc. is under the governance of a state wide corporate board of directors, composed of 30 volunteers from various professional disciplines. This board is responsible for the creation and approval of policies, development of financial resources, providing oversight of financial and legal matters, as well as authorizes volunteer advisory councils, and collaboration on strategic planning. (The Florida Christian Association of America, Inc., 2010)
The FCAA shows complete cohesion between the articles of incorporation, bylaws, website, and the work that they are doing in the community served. The mission and vision statement are clear, concise, and evident through the services provided to the population served by this nonprofit. There are actually very few areas that appear to need any correction or improvement. It appears that if there were more guaranteed ways to secure funding from year to year would be one of the main areas of consideration. However FCAA works under a membership basis at the cost of two hundred dollars...
Therefore if there are a significant number of organizations that have membership and those organizations continue to reap benefits through maintaining membership, then this will provide residual income from year to year.
A facet of governance that is most crucial to the success of the FCAA as well as any other nonprofit organization is communication between the board of Directors and the Administration. Corporate governance is a way that a supplier of finances assures that there will be a return on the investment made in a given project etc. (Shleifer & Vishny, 1997, p. 737). FCAA may want to diversify their investments to create a bigger return on the future. Currently the nonprofit is able to show investors/members a show of return through the events they are able to provide in the community, as well as the organizations they help, and community involvement
Once again it seems necessary to explain that there are not a proficient number of ways that the FCAA could…
References
Florida Coalition of Black Faith & Community-Based Organizations. (n.d.). Membership Policy. Retrieved from http://www.fcaafamily.org
Shleifer, A., & Vishny, R. (1997, June). A Survey of Corporate Governance. Journal of Finance, 52, 737-783. Retrieved from www.jstor.org/table/2329497
The Florida Christian Association of America, Inc.. (2010). About Us. Retrieved from http://www.fcaafamily.org
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