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RSS FeedsAccounting for overheads in project-driven NGOs
(WorldNews Netherlands)

 
 

17 july 2018 18:10:26

 
Accounting for overheads in project-driven NGOs
(WorldNews Netherlands)
 


Non-governmental organizations (NGOs) need to allocate overheads to program budgets or risk being underfunded. Here are a few ways to deal with this challenge. Spoiler alert: technology makes the difference. Many observers take the overhead percentage rate of any organization as an indicator of how well it is run. For any business, an overhead rate of 10-15 percent is considered efficient. Yet the expectation remains that NGOs should have even lower rates. Not-for-profit (NFP) organizations keep overheads low to build public trust and to appease donors. And NGOs are good at minimizing overhead costs at an operational level, by reducing expenditure on office space, salaries and facilities...


 
5 viewsCategory: General > Europe > Netherlands
 
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