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What are the most common risks facing nonprofit organizations?

April 26, 2017common facing nonprofit Organizations

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What are the most common risks facing nonprofit organizations?

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One common area of risk is human resource/personnel issues, which are the number one reason why nonprofit organizations may be sued. Other financial management risks occur when an organization does not file a timely IRS Form 990, does not prepare for an annual audit, and does not have the proper internal controls.