Description

Thanks for tuning into this episode of the Nonprofit Nuggets Podcast! If you liked what you heard, please leave a review and share.

This week we focus on an article about East Central Illinois Community Action Agency misusing federal grant funds. We offer several ways to remedy these problems to help your nonprofit avoid running afoul of the government. We highlight particular mistakes that they made and what you can do in your nonprofit to ensure you do not do the same. Tune in! 

Highlights:

• Failure to adhere to submission guidelines
• Prioritizing financial management
• Importance of responding to correspondence in a timely fashion
• Exerting internal control

Resources:

• https://www.cnrgaccountingadvisory.com/About/

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• https://nonprofitnuggets.podbean.com/
• Link to Article: Feds: Nonprofit abused grant funding, failed to document expenses