Transferring responsibility from one board member to the next must be accomplished in a timely manner. All vacant positions must be filled in a reasonable amount of time, so for the board member who is ready to leave, ha having an exit strategy can be helpful.[i] This strategy may include grooming someone to take over the post or simply keeping records in very good order.
Completing the Nonprofit’s Mission
Some nonprofits complete what they have set out to do. There may be other and perhaps even related potential missions, but if the goal of the nonprofit in question has been accomplished, then it is time to dissolve the NPO in success.
