This is S Fagan's Typepad Profile.
Join Typepad and start following S Fagan's activity
S Fagan
Recent Activity
One correction to my recent post should read "I am not familiar with the rules regulating 501-c3s".
Charity Ratings Based on Administration Costs can do More Harm Than Good
This post has been moved to Good Intentions' new website. Click here to read the post.
I have worked for several small non-profits and have friends and family who have worked for others. I agree that the largest criteria for rating any non-profit should be the transparency of the company at all levels. Detailed financials, board member names and relationship to director/managers of the agency and the final listing should show the pay/compensation of each employee.
One company I worked for for almost 8 years now has a director who runs the company like his own personal fiefdom, where the board members are all friends and family and through that he controls his pay and compensation. Another non-profit of which I am familiar has a director and a limited staff which includes the director's wife in a "token" position. Since the company was founded about 10 years ago, the board has increased the director's salary from a low five-figure salary to a mid-six-figure annual salary. At the same time, board members have received six-figure loans from the non-profit. I am familiar with the rules regulating 501-c3s and other non-profits, but I have to think that most of these practices are not acceptable. Is there any procedure by which a "non-profit" can have that status revoked and is there an agency responsible for such monitoring?
Charity Ratings Based on Administration Costs can do More Harm Than Good
This post has been moved to Good Intentions' new website. Click here to read the post.
Subscribe to S Fagan’s Recent Activity