LeadForward Vol.1 No. 3

2) BOARD COMPLIANCE SCORECARD ( RED / YELLOW / GREEN ) How to use: Mark the current quarter status for each line. If any item is Red, it becomes a board action item with an owner and a due date. Compliance Area GREEN (On track) YELLOW (Needs attention) RED (Immediate risk) Status (Circle) Governance discipline Minutes current; conflicts disclosed; committees reporting Inconsistent minutes or disclosures; committee drift Missing minutes; conflicts unmanaged; unclear authority ☐ G ☐ Y ☐ R Filings and good standing All filings current; proof on file One approaching deadline or minor gap Overdue filing; penalties; lost good standing risk ☐ G ☐ Y ☐ R “If a compliance issue becomes a crisis, the cost is never just penalties. The real cost is credibility.” Financial controls Controls documented; exceptions tracked; restricted funds clean Policy exists, but inconsistent practice No controls; unexplained variances; audit flags ☐ G ☐ Y ☐ R Board rule: Any Yellow must become Green within 90 days. Any Red requires action this meeting. 3) QUARTERLY CHECKLIST (10 MINUTES TOTAL) Q1 (Start strong): Confirm annual conflict of interest disclosures completed Approve board and committee meeting calendar Confirm IRS/state/charity filing deadlines for the year Review internal controls (approvals, reimbursements, signing authority) Q2 (Midyear integrity check): Review minutes completeness and recusal language quality Validate restricted funds tracking and documentation Confirm committee reports delivered to board on schedule Q3 (Risk and readiness): Confirm all required filings submitted or scheduled with proof plan Review insurance coverages (D&O, general liability, workers comp where applicable) Review contract authority and signature policy (who can bind the organization)

Compliance

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