2 Accounting Issues You Need to Understand
They go beyond simple workday calculations to the very heart of your fundraising.
By
Tom Harrison
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
1 Comment
Comments
Brief contextual aside: In the overly simplistic and often misleading view of charity watchdogs and members of the media, program costs are considered good while overhead costs are seen as a necessary evil. They would even say that the lower the overhead (fundraising plus administrative costs as a percentage of income) vs. program costs, the better the charity — and the higher the overhead ratio, the less efficient the charity.
1 Comment
View Comments
E
Tom Harrison
Author's page
Tom Harrison is the former chair of Russ Reid and Omnicom's Nonprofit Group of Agencies. He served as chair of the NonProfit PRO Editorial Advisory Board.
Related Content
Comments