Tuesday, April 27, 2010

Federal Information Returns of Georgia Nonprofit Adoption Agencies Examined

The Atlanta Journal-Constitution reports that it has examined the information returns filed by most of the 336 private, nonprofit foster care and adoption agencies licensed in Georgia as part of a four-part series of articles on the regulation of these entities.  According to the story, although some institutions paid modest salaries to nonprofit executives, journalists “found numerous examples where top executives' compensation accounted for one-fourth to one-third of agencies' budgets.”  The story also cites “many instances” in which “administrative costs exceeded expenses on direct services for children.”

JRB

http://lawprofessors.typepad.com/nonprofit/2010/04/federal-information-returns-of-georgia-nonprofit-adoption-agencies-examined.html

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