The children’s charity was forced to close despite heroic efforts. So what went wrong and how can other charities avoid the same fate?
The last published report and accounts of 4Children, the leading childcare charity, which has gone into administration and transferred its services, make poignant reading. While results were “not ideal”, things were improving substantially and the organisation was set to return to surplus by March 2016.
It was not to be. Although seemingly heroic efforts were made to get the charity back on track, reducing its annual deficit from the £2.8m logged in those accounts for 2014-15 to £123,000 by this March, the rescue effort ran out of road.
Continue reading...from Voluntary Sector Network | The Guardian http://ift.tt/2c3LnWW
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