For decades now there has been a belief that the lower the ratio of non-profit's overhead expenses to program expense, the better run the non-profit is. As a result, a low overhead ratio has been viewed as something of a virtue and non-profit organizations have used all sorts of accounting tricks and parsed terminology in an effort to redefine what constitutes an overhead expense. Likewise, funders have rewar…
SOURCE: artshacker.com at 05:48PM on October 11, 2022