You’d better think twice before asking that question of an employee if you’re a California employer, manager, or board member. Using social media avenues to connect with your nonprofit’s employees may seem like a good idea, but it can open up a Pandora’s Box of troubles for you and for the organization. For one, it’s …
Posts Categorized: Director Duties
America's Most Wanted: Charities Edition
The Tampa Bay Times recently ran a series on what it and The Center for Investigative Reporting describe as the nation’s 50 worst charities. These include nonprofits whose fundraisers earn up to 98% of every dollar earned and whose insiders make millions of dollars per year. The articles also admonish charity regulators for not doing …
Hershey Trust Settlement Shocks Many, Has a Lesson for All
Two years ago, the Pennsylvania Attorney General began an investigation into the $9 billion Hershey Trust, which operates a prominent residential facility for disadvantaged youth. The investigation started after the trust made multi-million dollar purchases of a golf course and an adjacent market. Allegations of inappropriate expenditures followed, claiming that board members received excessive compensation …
Free Nonprofit Financial Workshop on May 21
Do you feel lost when reviewing your nonprofit’s financial reports? Education will help you conquer your financial trepidation and accounting firm Green Hasson Janks‘ upcoming workshop is a great place to start. The workshop will share tips and best practices for engaging your board and staff in the financial aspects of your organization. In addition, …
IRS Releases Report on Colleges and Universities Study
In 2008, the IRS conducted a survey of colleges and universities in a number of areas including executive compensation and unrelated business income. About 400 organizations received the survey. Based on the questionnaire responses, the IRS decided to open further investigations into 34 of the surveyed colleges and universities. The results were shocking. A large …
Another FREE Opportunity to Learn How to Prevent Fraud
We’ve previously posted about the importance of nonprofits implementing controls to stop fraud. Have you done anything about it yet? If not, don’t worry, here is another opportunity for you to learn how to protect your organization. This Thursday (12/20) at 9AM PST, Nancy Church, author of “Not-for-Profit Accounting: A Very Practical Manual” and owner …