The former director of human resources for a New Jersey nonprofit was charged Saturday with embezzling more than $100,000 from the organization.
According to a report on a Philadelphia CBS affiliate, prosecutors allege that Christopher English generated paychecks from previously terminated employees of the Arc Mercer -- an advocacy and resource group for the mentally disabled -- and deposited those checks into his personal checking account. He allegedly spent that money on items ranging from a new truck to a $30,000 travel trailer.
English faces up to 10 years in prison if convicted.
Authorities say the alleged theft was discovered when the Arc's payroll company reported some discrepancies to the organization. The nonprofit was able to recover almost all of the funds that was taken in English's alleged embezzlement.
The Arc Mercer is located in Ewing, N.J., and has almost 350 employees and an annual budget of close to $17 million.
You can read the full story on CBS Philly's website.
Showing posts with label executives. Show all posts
Showing posts with label executives. Show all posts
Monday, May 13, 2013
Thursday, November 8, 2012
Webinar: The Nonprofit CFO’s Survival Guide
Being a Chief Financial Officer (CFO) of any business has its challenges, but it's even more difficult to be a CFO of a nonprofit. These individuals are under constant pressure to achieve various tasks -- automate processes, improve productivity, create greater levels of transparency and visibility -- making life very difficult for them.
Luckily, there is light at the end of the tunnel.
Join The NonProfit Times and Intacct Corporation on Dec. 6 at 11:00 AM PST for a free webinar: The Nonprofit CFO’s Survival Guide. Joined by a panel of experts, Abraham Matthew, manager at CliftonLarsonAllen LLP, will bring his 10 years of experience of working with nonprofits to help CFOs better succeed at their craft. Matthew and the panel will be discussing the following topics:
Luckily, there is light at the end of the tunnel.
Join The NonProfit Times and Intacct Corporation on Dec. 6 at 11:00 AM PST for a free webinar: The Nonprofit CFO’s Survival Guide. Joined by a panel of experts, Abraham Matthew, manager at CliftonLarsonAllen LLP, will bring his 10 years of experience of working with nonprofits to help CFOs better succeed at their craft. Matthew and the panel will be discussing the following topics:
- Fund Accounting: Supporting separate, balanced sets of books.
- Multiple Locations and Entities: Addressing centralized and local requirements.
- Controls and Cash Management: Distributing responsibilities while keeping tight controls.
- Grants: Tracking general vs. restricted dollars.
- Reporting and Visibility: Achieving transparency, accountability, and trust.
- Cloud Computing: Taking advantage of cloud computing to meet nonprofits' toughest challenges.
Any nonprofit CFO who is currently having trouble with any of the above topics should mark the date for this webinar on their calendar. Registration is free so sign up today!
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