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Bookshop Genres Doing Bad At Doing Good: Nonprofit Secrets Buried in the 990 by Ronald Tompkins
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Book details
  • Genre:BUSINESS & ECONOMICS
  • SubGenre:Nonprofit Organizations & Charities / General
  • Language:English
  • Pages:162
  • Paperback ISBN:9781543965315

Doing Bad At Doing Good

Nonprofit Secrets Buried in the 990

by Ronald Tompkins

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Overview

Many nonprofits are at risk. Leaders are often unaware of a treasure trove of data that normally is filed and forgotten each year - the Federal 990 report. This book reviews the federal 990 reports that most nonprofits must submit. 11 risk factors are identified and illustrations are drawn from agencies that are Doing Bad and other agencies that are Doing Good. 

TurnArounds are possible!

Directors can use the coaching and planning strategies in the book to lead their nonprofit to new health and growth.

Description
How does a leader find a simple checklist to assess the health of their nonprofit? What kinds of questions are important for a board member to ask? 'Doing Bad at Doing Good' has four checklists organized by the Four Decisions made famous by Verne Harnish. The People decisions examine who is on the board and what is the best turnover rate? Another chapter has insights on fair and generous compensation for leaders. The People section keeps up the momentum to the end with a chapter on how to build a bad board! The Strategy decisions look at the 990 for information on whether a nonprofit is driving the car around the block or actually going somewhere meaningful in its mission. Necessary growth and avoid death cycles is reviewed. The dangers of over-reliance on government funding or on charitable funding are illustrated with examples. The final chapter on lazy assets contrasts the usefulness of assets to newer agencies and the lazy accumulation of assets that sometimes afflict older companies. The Execution decisions look at characteristics on nonprofits that rarely have a surplus. A proposal is made that senior leadership of an agency should be responsbile for one dollar of profit for each dollar of their compensation. The 990s of successful nonprofits reveal that they are tireless to create partnerships and wholly owned agencies that extend their mission. The Cash decisions reduce all of the 990 financials to seven easy numbers for a leader to understand and use to direct the agency. Some nonprofits are very good about increasing their working capital without fund-raising. Internal controls are reviewed for fraud prevention. Examples drawn from 60 New York nonprofits bring each decision set to light and there are some wonderful nonprofit models to serve as a template for a nonprofit thats need to change.
About the author

Dr. Ronald Dale Tompkins owns TurnAround NonProfit Coaching to help frustrated NonProfit leadership teams. He uses tools associated with the well-known "Mastering the Rockefeller Habits". He also helps leaders with financial analysis to support decisions and fraud prevention. He is Executive Director / CEO of 82nd Street Academics, a NYC non-profit which he started in 2003 with recent revenue of $5 million and 120 staff members. He has worked at six other agencies in managerial positions, including an earlier startup. He has served on boards of two building cooperative corporations. Dr. Ron is a member of Forbes NonProfit Council and serves on the Board of the Institute for Management Accountants - New York City Chapter. "My clients use a coach because they can tell me anything confidentially, I give them 10X tools that leverage their leadership. and I promise to add value to create their success." The thought leadership that Dr. Ron brings to clients for coaching includes: • Certified Management Accountant associated with the Institute of Management Accountants • Certified Scaling Up Coach • Ph.D. in Higher Education Policy (Buffalo) • MBA in Finance and Accounting (State University of New York) • Harvard University Strategy and Innovation Extension • Member, Center for Creative Leadership Dr. Ron is married. He has children and foster children scattered in the USA and South East Asia. He was born in Cortland, NY, grew up in the Southern Tier, and has lived in Western and Central New York. He has been a member of the Indo-Chinese Caucus and Cambodian Caucus of the United Methodist Church. He is now a long-term resident of New York City. Contact him at Ronald.Tompkins@TAConsulting.live. His thought leader website is www.RonaldDaleTompkins.com and his business website is www.TAConsulting.live