RAND STUDY FINDS NONPROFITS SPEND MUCH TIME AND MONEY MEETING REPORTING REQUIREMENTS
Wednesday, July 12
- Organization: RAND
- Link: http://www.rand.org
A RAND Corporation study issued today recommends actions that nonprofit social services providers can take to reduce the large amount of time and money they spend complying with reporting requirements set by organizations that provide them with funding. In a yearlong in-depth examination of one nonprofit social services agency in Western Pennsylvania, RAND researchers found that employees of the agency spent nearly half their time collecting information needed for compliance efforts imposed by funding organizations. These included activities such as writing reports, tracking expenses and attending meetings.
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