At long last, overhead expenses get some respect
Several times a year, I watch as board members and ministry staff struggle to keep overhead expenses as low as possible. Never mind that most nonprofits have already stripped administrative lines to the bone. Overhead can’t be too lean, or so conventional wisdom tells us.
And if a brave CEO suggests pumping up the budget in pursuit of a growth opportunity, well watch out. The 990 trolls and other guardians of the myth that a dollar spent on infrastructure is a dollar robbed from mission will be all over the organization. Read More »At long last, overhead expenses get some respect