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Part II Millions diverted from nonprofit coffers
By Erica Crenshaw In Financial Leadership Posted December 3, 2013 0 Comments
Part II: Millions diverted from nonprofit coffers In my last post, I introduced a heartbreaking article in The Washington Post, “Inside the hidden world of thefts, scams, and phantom purchases at the nation’s nonprofits.” According to The Post, more than 1,000 nonprofits that filed 990 tax forms between 2008 and 2012 checked the box indicating […]
A higher calling means higher financial standards
By Erica Crenshaw In Podcasts Posted November 19, 2013 0 Comments
A higher calling means higher financial standards It’s never a comfortable position when you find yourself defending your financial position as a nonprofit leader. It’s one of the most common concerns among our clients at Execute Now! when we discuss their financial management goals. Our clients want to demonstrate confidence and transparency in all matters […]
What We Can Learn From Our Peers
By Erica Crenshaw In Podcasts Posted November 19, 2013 0 Comments
What We Can Learn From Our Peers “Head Start programs across the country eliminated services for 57,000 children in the coming school year to balance budgets diminished by the federal sequester, cutting 1.3 million days from Head Start center calendars and laying off or reducing pay for more than 18,000 employees…,” reports Michael Chandler in The […]
New York City Opera loses its voice after 70 years
By Erica Crenshaw In Podcasts Posted November 19, 2013 0 Comments
New York City Opera loses its voice after 70 years A week ago, we watched the doors close on one of the most celebrated arts organizations, the New York City Opera (NYCO), which had experimented with fresh material and nurtured early music careers of numerous stars like soprano diva Beverly Sills and Spanish tenor and […]
Historical organization goes from relic to rejuvenation
By Erica Crenshaw In Financial Leadership Posted November 19, 2013 0 Comments
The NAACP: from relic to rejuvenation It’s hard not to marvel at the transformation that has taken place within the NAACP over the last five years under the direction of Benjamin Todd Jealous, a 40-year-old Columbia University graduate who has grassroots advocacy experience, knowledge of the news media and an impressive track record for collaborating […]
Part I_ Millions diverted from nonprofit coffers
By Erica Crenshaw In Financial Leadership Posted November 19, 2013 0 Comments
Heartbreaking is the word I would use to describe this article, “Inside the hidden world of thefts, scams, and phantom purchases at the nation’s nonprofits,” in The Washington Post. I decided to tackle this article through a two part series. The first part is more obvious, which is the lack of oversight within the nonprofit […]
A merger story rooted in financial motivations
By Erica Crenshaw In Collaboration / M & A Posted November 18, 2013 0 Comments
A Merger Story with a Surprise Ending Moviegoers might say this nonprofit story has a plot twist. If I were to share the two main characters are organizations entering into a discussion about a merger, you probably could guess how it turns out, right? Get ready for a surprise ending. The story of two relatable […]
The murky business of grantseeking
By Erica Crenshaw In Fundraising Posted November 18, 2013 0 Comments
The murky business of grantseeking In spite of how informed we’ve all become about how to run our nonprofits, how to measure our impact and how to update our business models, a recent study by the Center for Effective Philanthropy reports a variety of telling statistics that reveal we still don’t know a lot about […]
Government funding :Overcoming too little and too late
By Erica Crenshaw In Fundraising Posted November 18, 2013 0 Comments
Government funding: Overcoming too little and too late According to the Nonprofit Finance Fund’s 2012 Survey Results, more than 75 percent of nonprofits depend on federal or state funds. Yet, these contracts often fail to cover the full cost of the program but also over half these contracts are paid behind schedule. If the majority […]
Execute Now lends a financial hand to longstanding nonprofit
By Denise McMahon In Interviews Posted November 18, 2013 0 Comments
Execute Now! lends a financial hand to longstanding nonprofit Even longstanding pillars of our nonprofit community need a hand now and then. The YWCA of Baton Rouge was fortunate to have the combined strength of a veteran CEO and the expertise of a financial firm during the last year. “Execute Now! has been a perfect […]