Nonprofit Essentials: Certificate Exam

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Nonprofit Essentials: Certificate Exam Which of the following actions can help enhance your personal resiliency? - ✔✔Using meditation and mindfulness techniques TRUE or FALSE. A nonprofit organ... ization can raise funds from the sale of goods and services. - ✔✔True TRUE or FALSE. Because most nonprofit require one to work more than 40 hours a week, job satisfaction in the sector is very low. - ✔✔False TRUE or FALSE. Nonprofit employees often assume a variety of responsibility beyond their job description. - ✔✔True When self-care practice refers to one's skill in remaining in the present moment and not being overwhelmed by what is happening around them? - ✔✔Mindfulness What are restricted funds? - ✔✔Funds used for a specific purpose designated by the donor. When should a nonprofit typically consider a grant for fundraising? - ✔✔Support a specific program/initiative over a period of time Which one of the following is an example of stewardship? - ✔✔Sending donors a calendar and a thank-you note Why must nonprofit organizations follow strict audit guidelines? - ✔✔They must ensure all funding is traceable and supports their mission According to the United State Internal Revenue Service (IRS), what is the minimum number of years a board member must serve? - ✔✔no requirement Which nonprofit role is generally responsible for cultivating business partnerships and donor opportunities? - ✔✔Executive Director How is a nonprofit organization required to use its generated revenue? - ✔✔To fund their operations and programs only TRUE or FALSE. A primary role of the Program Manager is to design a strategy and process for implementing an initiative. - ✔✔True TRUE or FALSE. Nonprofits must pay United States federal income taxes - ✔✔False TRUE or FALSE. The board of directors are paid employees who hold a management or leadership role. - ✔✔False What is the minimum percentage of time that executive directors of small nonprofits typically spend on fundraising? - ✔✔30 % Which member of the leadership team is generally responsible for identifying internal professional development opportunities? - ✔✔Human Resource Manager Which board member position is responsible for tracking and reporting the organization's financial stability? - ✔✔Treasurer Which situation has research shown to most likely result in low morale and a high occurrence of personal burnout? - ✔✔Lack of work-life balance According the the United States Internal Revenue Service (IRS), what is the minimum number of board members required of a nonprofit organization? - ✔✔3 Which organizational role typically is responsible for identifying the funding requirements, facilities, supplies, and support staff to support an initiative? - ✔✔Program Management Which type of nonprofit organization does NOT manage or deliver programs? - ✔✔Private NonOperating Foundations Which function of the Human Resources (HR) team includes implementing performance reviews and employee development? - ✔✔Talent Management What is the primary benefit of implementing a system of financial checks and balances and spending approval procedures ? - ✔✔Preventing organizational fraud What is the operating budget of MOST nonprofit organizations? - ✔✔Less than 1 million dollars (USD) TRUE or FALSE. The board of directors are directly involved with fundraising. - ✔✔True TRUE or FALSE. Nonprofit organizations may be operated entirely by unpaid staff. - ✔✔True TRUE Or FALSE. The role of a mentor is to solve your workplace problems. - ✔✔False Which one of these activities would you preform as part of the grant seeking process? - ✔✔NOT Schedule NOT Supply marketing messages to supporters for delivery via social media ? What type of fundraising activity involves raising a targeted amount within a designated period fo time? - ✔✔Capital Campaign [Show More]

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