Compensation for nonprofit executives, especially CEOs, is one of the most scrutinized aspects of nonprofit governance. While nonprofit organizations are mission-driven and tax-exempt, they still operate in a competitive market for leadership talent. The IRS allows nonprofits to pay reasonable compensation for services rendered, but the line between “reasonable” and “excessive” can be narrow. For …
Nonprofit organizations in the United States constantly struggle with operational and financial challenges. Speculation about the common challenges faced by our nation’s nonprofits is abound, but what do the concrete statistics say? The BDO Institute for Nonprofit Excellence recently released a report from its survey of 105 nonprofits that reveals the current challenges nonprofits are …
Everyone hears about data breaches hitting large companies like Yahoo!, Home Depot, Anthem, Sony, and Target. Nonprofit organizations also have crippling data breaches. Earlier this year, a small nonprofit in Indiana fell prey to hackers, reports KQED. The organization is Little Red Door, whose mission is to reduce the financial and emotional burdens of cancer and …
