AMERICAN HUMANE ASSOCIATION
February 16, 2012
According to Internal Revenue Service rules, nonprofit organization is supposed to work for the public benefit.The board of directors has the responsibility of protecting the public benefit. The “new” CEO pronounced early on that signature events were going to be a high priority. However, the events have not brought the desired financial success but yet these events are valued over the organization’s mission Recently, staff were intimated and threatened into walking in the Hollywood Christmas Parade carrying a 20-foot balloon dog which had a price tag of $40,000. Even more egregious, directive has been given to spend money foolishly so they don’t have to give it back their grantors at the end of their fiscal year. Nonprofits have an obligation to act as responsible stewards in managing their financial resources.
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