Perhaps the least-appreciated aspects of nonprofit boards is their role as a safety net. Even boards that don't seem to be doing much, or that may even have contributed to deep problems, rise up and do heroic work to fix things. Here is a First Person Nonprofit story from a board chair about such a breakthrough -- how an organization walked to the precipice of bankruptcy and then walked away.
Tom Siino, long-time board member of Big Brothers Big Sisters of the East Bay: "Three years ago our financial troubles started when we lost our executive director. Then we made a couple of false steps in hiring a replacement. At one point we were down in the ashes with one staffperson and a lot of debt. Our budget had gone from $700,000 to $75,000. Now. . .