In a "too good to be true" story from yesterday's Hartford Courant, John Crooks, no, I did not make this up, was indicted with complaints from the Norwich (CT) Little League and a nonprofit Bingo that Mr. Crooks embezzled funds.
In the most "wow" category, Mr. Crooks is alleged to have stolen $15,000 from the Little League. Wow, that's a lot of money from a Little League I say! Just exactly how does someone steal that much money without the money being missed from such a small-budget organization (well, I guess it was eventually missed).
Clearly policies and procedures and not-so-good checks and balances are the only clear explanation. And then there's the governance standard for duty-of-care: do for your nonprofit what you would do as though it were your own business. Board members is this how you would run your own business?
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Friday, January 25
by
mikeb
on Fri 25 Jan 2008 07:00 AM EST
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Thanks Readers!! The number of folks reading this blog has grown steadily. Unfortunetly, this blog host is not able to handle the traffic and I have moved my blog. Please check out (and bookmark) my new location http://www.nonprofitboardcrisis.typepad.com Thanks for helping to make this a success!! My mission: to change the world one nonprofit at a time. I fix broken nonprofits with a focus on resolving nonprofit board/exec relationships. I also help nonprofit boards and staff figure out where they want their organization to be in the future and focus on the four columns of a nonprofit: program, management and operations, governance and sustainability. If you would like to know more about me and my firm, please visit my web site: www.brodyweiserburns.com - Mike Burns
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Thanks Readers!! The number of folks reading this blog has grown steadily. Unfortunetly, this blog host is not able to handle the traffic and I have moved my blog.