Increased Demand for Accountability in Nonprofits Solved with a Strategic Planning System

Increased Demand for Accountability in Nonprofits Solved with a Strategic Planning System: "Increased Demand for Accountability in Nonprofits Solved with a Strategic Planning System
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As Sarbanes-Oxley impacts the nonprofit sector, MyNonprofitPlan helps executive directors stay accountable by putting a strategic planning system at their finger tips to communicate performance and strategic direction. For the first time, executive directors can increase organizational transparency without increasing their work load.
Reno, NV (PRWEB) June 17, 2005 � MyNonprofitPlan.org, an innovative website for on-demand nonprofit strategic planning, was launched today in response to the growing need for a cost-effective means for board members to monitor organizational activities and performance. Just as the impact of Sarbanes-Oxley is being felt in the private sector, it is also starting to affect some nonprofit organizations.

The trend towards voluntary compliance with Sarbanes-Oxley by nonprofits will continue according to the 2005 Impact of Sarbanes-Oxley on Private and Nonprofit Companies Study by Foley & Lardner LLP. According to the survey respondents, the need for nonprofit organizations to maintain a high level of credibility to ensue continued community and government support and the perception "