Transparency, when defined in the context of non-profit organizations and public boards, implies that said organizations are accountable to those they represent, that meetings and communications are open, that full financial disclosures are made public, and that all business practices are an open book. It’s an ethical obligation.
I’ve recently posted on my blog my second annual series of reports on the financial health of the non-profit organizations representing the massage profession. As my disclosure states, I am neither an accountant nor a financial expert. All of the information I used to prepare my blogs was taken directly from www.guidestar.org
Guidestar was founded in 1994 as a clearinghouse of information on non-profit organizations. The IRS Form 990 and any other filings required of non-profit organizations, as well as other data collected by them, is published on the website. They have data on every entity registered with the IRS as a non-profit organization.
It is a rule of the IRS that information on non-profits is publicly disclosed, including the compensation of key personnel. The organizations listed with Guidestar have the opportunity to post their filings themselves, and if they choose not to do that, Guidestar gets it straight from the IRS. I want to make it clear that the information I blogged was not some big secret that I received from one of my anonymous sources. It is public information and anyone who goes to the trouble to look it up can find it. I just saved you the trouble by publishing it in my blog, for those who are interested. READ MORE….
