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:
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!!!