There are a couple of myths that exist in nonprofits when it comes to accounting practices, and our guest of honor is here to answer all our questions.
in this video episode of the CFO Weekly today, Ed Goble with the nonprofit Miracle Foundation has heard them all.
Maybe you have too. Like the one that says nonprofits should be spending as little money as possible on overhead.
Or, what about the idea that employees of nonprofits should plan to work for less than market value?
And, maybe (the worst myth of all), that nonprofits can never succeed or actually make a difference.
Ed's work with The Miracle Foundation, which aims to place orphans around the world in a forever home, has proven these myths wrong, and he is here to tell us why.
In this podcast, Ed shares how to turn these myths around to effectively manage the finances, hiring and goals of a nonprofit to ensure its success and ultimately, achieve its mission.
Take a listen and make sure to visit this page to learn more about the best accounting practices for nonprofits and see how Miracle makes it happen every day.
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