Avoiding Misappropriation with Documentation

This season on Nonprofit Nuggets, we will focus on recent stories about various nonprofits' missteps and how to avoid some of these mistakes. 

 

In this episode of NNP, we discuss severance misappropriation from the Maryland Environmental Service.

 

A severe miscommunication between a former MES CEO, board members, and the Governor of Maryland has left all parties in a lurch, as they debate over who knew what regarding the severance payout arrangement that was (supposedly) in place. We highlight the importance of documentation in everything that you do in order to create a paper trail to hold all involved parties accountable and have enough proof to cover yourself in case there are questions.

 

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

 

Resources

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

• Impact Basics Course: https://cnrg-school.thinkific.com/courses/impact-basics
• MES board members say they were told Hogan approved severance; governor has denied it - read the article here: https://www.washingtonpost.com/local/md-politics/roy-mcgrath-severance-inquiry/2020/08/24/943cb0ee-e63a-11ea-bc79-834454439a44_story.html

 

Connect with Chyla and CNRG Accounting Advisory:

• Follow us on Instagram: https://www.instagram.com/cnrgadvisory/
• Like us on Facebook: https://www.facebook.com/cnrgadvisory/
• Follwo us on Twitter: https://twitter.com/cnrgadvisory
• Connect with us on LinkedIn: https://www.linkedin.com/in/chyla-graham-cpa-94a30280/