Nonprofit Coaching: Why Transparency Matters Especially with Nonprofit?

* Transparency is the wave of the future

* Transparency is the wave of the future. The Sarbanes-Oxley Act that resulted from the abuse in Enron has caused the IRS to look closer at the private and nonprofit sector than it has ever done before. Organizations like the Charity Navigator, an independent charity evaluator, "works to advance a more efficient and responsive philanthropic marketplace by evaluating the financial health of America's largest charities." Simply put, the American society wants to be informed about who and what they are giving to.

Thus, I want to encourage you and your board to create ways to develop a culture of accountability and transparency! It pays off in the long haul. Finally, I recommend that you visit Charity Navigator's website at www. charitynavigator.org.

Nonprofit Coaching: Why Transparency Matters Especially with Nonprofit?

By: Rodney D. Walker, M.B.A.

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