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April 4, 2017 | Nonprofit Organizations Charities | By admin | 0 Comments

By JoAnn Senger

"JoAnn Senger has long gone out of the field to deal with basic reimbursement concerns too-often overlooked within the public and not-for-profit sectors. She peels away the

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The more you know about your governing board, the more successful your planning and implementation efforts are likely to be. Spreadsheet 2 Spreadsheet 2 ABC Community S e r v i c e s –G o v e r n a n c e Mission Statement: Provide Service to Those in Need 13 chapter 3 Revenue—Where Do We Get Our Money? It’s been many years since a senior systems analyst, three months into a new job, asked the project leader that question. I was that systems analyst. Our project team was exploring the possibility of sharing library resources among three dissimilar higher education institutions: a private research university, a public research university, and a technical institute.

These employees may be in continuous communication with various government agencies throughout the year. If compensation is one of the areas to be reported—a common enough requirement—then the compensation manager may be charged with oversight of the reporting process or even with report generation itself. If so, this will be a major activity with deadlines to be respected. Other fund sources may require reports on activities, or the organization may decide that some reports would be prudent, whether required or not.

In addition, the granting government agency expects to receive periodic reports showing how the funds were used including any equipment or supplies purchased with the funds, the job titles of any employees paid with these funds, and the circumstances and amount of time spent by these employees while being paid from these funds. Even though the university provides the research services in return for money received, the frame of reference is other than buy-and-sell. Instead, the granting agency is supporting the university in its efforts to fulfill its 18 chapter 3 Revenue own research mission.

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