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Secure Your Not-For-Profit Leadership Pipeline
Posted by Hal Wallach on Mon, Nov 28, 2016 @ 03:03 PM

Unexpected leadership vacancies affect every industry, but with not-for-profits they can be particularly burdensome because they may highlight an organization’s budgetary restrictions, weaknesses in its compensation strategy and larger questions about its retention ability.

Recently we helped a client with a situation that illustrates how important it is to be confident in your leadership pipeline. A fast-growing healthcare-related not-for-profit lost its long-time chief executive officer (CEO) to an unexpected early retirement. No successor had been identified, and the not-for-profit turned to an outside search.

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Topics: not-for-profit, NFP, Hal Wallach, Angie Salmon, leadership, recruitment, retain talent

4 Ways Not-For-Profits Can Manage Their Fraud Risks
Posted by John Mulvaney on Tue, Nov 1, 2016 @ 06:28 PM

From volunteers to public donors, not-for-profit organizations are vulnerable to fraud for many reasons. Incidents of fraud, even on a small scale, can be devastating to an organization’s bottom line. In its 2016 Report to the Nations on Occupational Fraud and Abuse, the Association of Certified Fraud Examiners (ACFE) found that 10.1 percent of fraud cases affected not-for-profit organizations, with an average loss of $100,000 per case. The report serves as a reminder that although private and public companies have higher rates of fraud (37.7 percent and 28.6 percent respectively), not-for-profits should nonetheless have fraud prevention measures in place. 

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Topics: John Mulvaney, fraud, not-for-profit, NFP, nonprofit fraud

Highlights from the IRS Tax-Exempt and Government Entities Division 2017 Work Plan
Posted by Joe Giso on Tue, Nov 1, 2016 @ 08:01 AM
The IRS recently revealed a snapshot of its compliance strategy for the 2017 fiscal year. In late September 2016, the Tax-Exempt and Government Entities Division (TE/GE) released its 2017 fiscal year work plan summarizing results from its 2016 efforts and describing its plans for 2017.
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Topics: Joe Giso, TE/GE division, tax-exempt, NFP, nonprofit, Non-profits, not-for-profit

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