Starting a Nonprofit Hybrid School: Essentials and Governance
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Starting a Nonprofit Hybrid School: Essentials and Governance
In this episode of the Hybrid School Builders Podcast, host Rebecca Foley delves into critical aspects of starting and sustaining a nonprofit hybrid school. Rebecca emphasizes the importance of understanding the complexities of establishing a nonprofit, the significance of having a well-structured board, and the need for financial transparency and compliance. Key topics include the roles and responsibilities of the board, the differentiation between program and administrative expenses, and the fundamentals of nonprofit accounting. The episode serves as a comprehensive guide for grassroots founders, offering practical tips and resources to ensure their hybrid school is set up correctly from the start.
00:00 Welcome to the Hybrid School Builders Podcast
00:45 Understanding Nonprofit Structure
02:25 Board Responsibilities and Governance
07:23 Financial Management and Compliance
14:24 Nonprofit Accounting Basics
19:17 Resources and Final Thoughts