NONPROFIT REORGANIZES FINANCES, ELIMINATES DEBT.
Money Tactics Turn Around MEND
Monday, March 2, 2020
When Janet Marinaccio became chief executive of Pacoima poverty alleviation services nonprofit MEND in 2017, the organization’s finances were a mess. But with a few savvy business moves over the last two and a half years, Marinaccio, with help from her board of directors, has managed to transform $600,000 of debt into a nest egg of about $1 million for the charity....
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