Community, Nonprofits and Businesses sharing Information
This year is the 150th anniversary of what was once known as the Girls Club of America and is now called Girls Inc. The story of Girls Inc involved seven women, the founding board, who shared a passion and a commitment to get the job done. I pose that this is what governance is all about.
Here's the story from the Christian Science…Continue
Added by Mike Burns on May 29, 2014 at 3:40pm — No Comments
When the US Justice Department says to your nonprofit board: " the one-man staff of Philadelphia Safety Net, repeatedly gave himself raises without board approval." you know you must be doing something wrong.
But this is indeed what the Justice Department said to the Philadelphia-based Safety Net which was undergoing an audit from having received its funds through its Congressman's earmark. Turns out that the organization, staffed by one individual who was a former staff member to the…Continue
Added by Mike Burns on May 22, 2014 at 3:46pm — No Comments
The case of a New York City minister, his wife and the executive director have agreed to pay-back loans with interest and penalties they borrowed from their church and two related nonprofits. I am scratching my head a bit over the "must pay back clause" because the Wall Street Journal doesn't really indicate there was any intention not to pay back their loan (which they used to buy a house and property. Some of the loan was also used to buy a car (yes, a BMW). Alas, additional monies were…Continue
Added by Mike Burns on May 15, 2014 at 3:33pm — No Comments
I recently observed a nonprofit's board members panicking over the organization's total annual deficit of $23,000. Members seriously questioned the exec's abilities.
The organization's annual budget: $8 million. The deficit, less than 1% of the annual budget.
Many of the board members have grown old with their organization with some having been members for 25 years, since the founding of the organization (that's likely not the best scenario). The nonprofit started as most do…Continue
Added by Mike Burns on May 1, 2014 at 3:34pm — No Comments