The State of Nonprofit Transparency, 2008: Voluntary Disclosure Practices is the first comprehensive look at nonprofits' use of the Internet to communicate information to the public. Based on a review of 1,837 nonprofit Web sites and follow-up phone and e-mail surveys, the report offers four key findings:
- Some 93 percent of nonprofits disclosed information about their programs and services via the Internet. Three-quarters of this number also posted board and key staff members’ names.
- Only 43 percent posted their annual reports.
- Only 13 percent posted their audited financial statements.
- Only 3 percent posted their IRS letters of determination, even though it is a public document.
GuideStar recommends that every nonprofit:
- Regularly update its Web site with current, detailed program and evaluation information.
- Post brief bios for board members and key staff, instead of just their names.
- Post its annual report, if it produces one.
- Post its audited financial statement, if it has one.
- Post its IRS letters of determination, if it has one.
Download a free copy of The State of Nonprofit Transparency >
About GuideStarGuideStar, www.guidestar.org, connects people and organizations with information on the programs and finances of more than 1.8 million IRS-recognized nonprofits. GuideStar serves a wide audience inside and outside the nonprofit sector, including individual donors, nonprofit leaders, grantmakers, government officials, academic researchers, and the media.
News ContactSuzanne E. Coffman
Director of Communications
757-229-4631, ext. 27