Big Brothers Big Sisters Services, Winston-Salem, named Ken Moser, Womble Carlyle Sandridge and Rice, its new board chair, and community volunteer Karen Nard first vice chair; also named seven new board members — Skip Brown, TriStone Community Bank; Margaret Currie-Coyoy, Wake Forest University Baptist Medical Center; Ben Hough, Hatteras Financial; Morris Morrison, Pfizer; Sharon Pratt, HanesBrands; Lisa Snowden, Piedmont Federal Savings Bank; and Traci Welch, Wachovia.
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Other Top News
The Overhead Ratio is Not a Measure of Efficiency
Given the importance and influence of efficiency rankings within the nonprofit sector, NC State University researchers Coupet and Berrett urge nonprofit managers as well as donors and scholars to move away from using financial ratios to measure organizational efficiency.
Using Charity Watchdogs to Your Advantage
An organization’s impact is ultimately measured by its progress towards their mission rather than its financial performance at a specific point in time. The insights shared when filing a well-crafted Form 990 and by providing appropriate additional insight can help reassure a donor that they should stay involved for the long haul.