Finance

Adding It All Up: Nonprofit CFO Study

By October 25, 2013 No Comments

Spectrum teams with American Nonprofits to learn more about nonprofit finance professionals – where do they learn about their job and what challenges them?

This survey of 906 nonprofit finance professionals reveals some surprises about these crucial-but-often-overlooked staff, looking at questions ranging from educational backgrounds, workload, board and CEO understanding of finance, and CEO compensation:

Nonprofit finance scandals make for eye-catching headlines: whether about misused public funds, egregiously high salaries, constituents not served, or reserves squandered. But while nonprofit finance scandals make the headlines, the people who manage the funds — nonprofit finance professionals — are largely overlooked. And while studies have looked at the tenures and experiences of executive directors (CEOs) and development directors, few have looked at the finance professionals in our nonprofits.

Read the complete report at Blue Avocado.  

 

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