Tag: Executive Director

When Nonprofit Boards Discover Executive Director Misconduct

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You volunteer on a community nonprofit board. All is well until you get a letter from an employee’s attorney alleging misconduct by the Executive Director. Or, maybe a local vendor is furious because their invoices have gone unpaid for months despite assurances from the Executive Director. You need to act fast . . . Read More

6 Strategies Sucessful Banks use When Lending to Nonprofits

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Banks with troubled nonprofit portfolios are often in a tough position. Nonprofits typically operate on peril’s edge—tight cash flow and insufficient surplus to withstand late or decreasing revenue payments. Their very nature creates… Read More