Working with Nonprofits & NGOs from Start-Up to Build-Up - Company Message
RSS Follow Become a Fan

Delivered by FeedBurner


Recent Posts

Attorneys: Links for Pro-Bono Nonprofit Business Attorneys
Types of Nonprofits by Definition
Nonprofit Internships - Igdealist.org
What are NGOs? - Are they Nonprofits?
KBLX 102.9 Nonprofit Weekend Tip! What are 501c4 Organizations?

Categories

Interviews
KBLX Exhibit Discounts
KBLX Nonprofit Weekend Tips
News - General News Worthy Nonprofit Info
NEWS - Nonprofits Execs Possibly Facing Jail Time
Nonprofit Articles
Nonprofit Audit Info
Nonprofit Budget Templates
Nonprofit Business Attorneys
Nonprofit Compliance
Nonprofit Compliance Laws
Nonprofit Defined
Nonprofit Education
Nonprofit Emergency Funding
Nonprofit ERISA - 403(b) retirement plans
Nonprofit financial education
Nonprofit Financial Report Info
Nonprofit Fiscal Agent/Sponsorship
Nonprofit Health Care Compliance
Nonprofit Internships
Nonprofit Published Articles
Nonprofit Reserves - Cash
Nonprofit Start-Up
Nonprofit Surveys
powered by

My Blog

KBLX 102.9 FM Radio - Nonprofit Weekend Tip! How do you know when your Nonprofit is in Trouble?


How do you know when your Nonprofit is in trouble?  

A host of nonprofit scandals have eroded public confidence    

Trouble begins When the majority of your Board Members do not understand financial reports and know the Bylaws that govern them   

Corporate misconduct is another problem area and it has received the greatest attention because the abuses are so wide spread and the costs so enormous.  

Many Nonprofit workplaces fail to foster a culture of integrity by Failing to Spend money wisely:  

  • Misappropriation of funds – Usually caused by funding slowdowns – inability to pay payroll taxes and retirement benefits  

  • Creative financing – when restricted funds are used to pay for unfunded expenditures i.e. A program lost its funding but the program staff are still being paid – instead of lay-offs or termination  

You must follow the law and do what is ethical.   Keep a mindset of “being lean and productive” through constant review and assessment of what is or is not working  

Nonprofits are businesses and need to be treated as such    

Implement Institutionalize ethical values in all aspects of the organization’s culture.  

In addition to your mission statement - Create a simple code of ethic statement no more than 10 words like; “We Lead with and value Integrity” post it everywhere 

PREVENTION  &  EXAMPLES!!!

http://www.hks.harvard.edu/hauser/PDF_XLS/workingpapers/workingpaper_35.pdf

http://www.loansafe.org/ceo-of-ohio-non-profit-corporation-charged-with-filing-false-tax-returns-and-mortgage-fraud

http://www.justice.gov/usao/ks/PressReleases/2012/Aug%202012/Aug22a.html


http://minnesota.cbslocal.com/2012/12/06/audit-nonprofit-director-misused-grant-money/

0 Comments to KBLX 102.9 FM Radio - Nonprofit Weekend Tip! How do you know when your Nonprofit is in Trouble?:

Comments RSS

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment