Do you actually know if all of your chapters filed their 990s last year? Without TONS of manual work to track them down, you might not know the answer to this. We built out a tool to automate the 990 data collection process. Join us to see how it works. View Slides >>
Why would Headquarters/National collect 990’s from chapters?
In an economic climate that makes every dollar precious, no organization wants to lose 5% of its annual revenue to fraud. In its 2016 Report to the Nations on Occupational Fraud and Abuse, the Association of Certified Fraud Examiners found that the typical organization, no matter its size, loses a median of $150,000 from a single case of occupational fraud. In fact, 80% of companies said they experiences fraud in past years.
Are you leveraging information from their 990s to determine health of the chapter? Are there any red flags on their 990s that you should be tracking or be aware of? Peter Algyer, Senior Manager of Volunteer Relations at GBTA shares:
It’s not about pointing out faults or failures. It’s about identifying areas of improvement and ways that we can work together so everyone is elevated in their performance.
Trends across your chapters and how you can use the data once you get access to it. Here’s 5 tips on how to successfully leverage your data:
Send us your EINs -We’ll aggregate the data. You provide feedback.