Fraud can wreak tremendous damage not just on a nonprofit’s finances, but on its reputation and donor confidence as well. The latest fraud statistics include trends and warning signs nonprofits should be aware of.
Author Archives for Nathan Salsbery
About Nathan Salsbery
Nathan is a Partner in the Colorado Springs and Denver offices and serves as the firm’s Executive Vice President for the West region. For over 20 years, Nathan has provided assurance and consulting services to numerous types of nonprofit organizations, and he is a certified fraud examiner. Nathan serves as a Board member and Treasurer for the Christian Leadership Alliance and as Board Chair for a private K-12 Christian school. He also has 10 years of nonprofit industry experience serving on staff part-time as Associate Pastor at his local church, and has earned a Master of Divinity degree with an emphasis in church and ministry leadership.
November 28, 2022 - All nonprofit organizations are at risk for fraud. It’s particularly important to be aware of this risk at the end of the year, when donations typically increase and staff members are busy.
Unfortunately, the church has a long history of fraud as evidenced by biblical accounts, by two thousand years of church history, and by headlines in today’s news. Fraud can occur within any church. This article discusses key steps to take and key questions to ask for an appropriate and proactive response if fraud should ever occur within your church.
Careful handling and accounting for gifts given from the heart of an individual to the Lord is a sacred trust and ministry. If you serve as an accountant or treasurer at your Church, be encouraged by the importance of your ministry role in the Body of Christ.
Risks of fraud in the church often go unrecognized due to a high-trust environment and a lack of adequate training among leadership. Learn how to reduce the temptations of fraud in your church, specifically the misuse of church funds or assets by a church leader for personal gain.