"In general when I'm counseling somebody about whether they want to start a new charity, public scrutiny is something I'm talking people through," McLaughlin says. "Financial statementshave to be made available to the public upon request under the laws of some states." Public charities—a ty...
This study enriches the nonprofit financial health literature and reveals that the factors associated with financial resilience are different from those that predict financial vulnerability. International Society for Third-Sector Research 2021.doi:10.1007/s11266-021-00415-wXintong Chen...
Maintaining financial integrity is crucial for nonprofits. Internal controls play a critical role in ensuring accurate recordkeeping and reliable financial statements, which is vital for donor trust and proper fund usage. These controls also prevent fraud, reducing the risk of theft through checks and ...
Article 28 January 2021 Notes We obtain financial information from Form 990 from the IRS Statistics of Income (“SOI”) database, maintained by the National Center for Charitable Statistics (“NCCS”), and merge this to compensation and executive data reported in the tax return that GuideStar ...
Moreover, changes in the information environment undermine the existence of contract failure in Hansmann’s paradigmatic examples. Consider higher education. Hansmann theorized that parents sending their children to college might not be able to evaluate such a “complex and subtle service,” preferring...
We’ve put together these eight tips to help you conquer your next nonprofit board meeting and make it as efficient and as productive as possible.
Financial Sustainability of Nonprofit Organizations Covering Multiple Goals of the Food Justice Mission: The Case of New Roots, IncVelandia, MargaritaTrejo-Pech, CarlosMoskowitz, KarynTanaka, KeikoHyden, HeatherRignall, KarenDel Brocco, Alessandra
The proposition that restricted revenues inhibit nonprofit service delivery by reducing their financial discretion has accumulated in the academic literature but has not been empirically tested. Using a sample of arts and culture nonprofits in the USA, this study examines whether ...
Given the importance of governing board members, any turnover occurring in the board should affect nonprofit financial performance. Using insights from organizational theories, we argue that the relationship between board turnover and the ability of UW organizations to acquire and utilize funds is ...
Nonprofit financial performanceCEO power and its implications are neglected in research on nonprofit governance. This is surprising considering the crucial role of CEOs and the importance of power analysis in understanding governance. This article addresses this gap by developing a two-dimensional ...