
Nearly One in 4 San Francisco Nonprofits With City Contracts Are out of Financial Compliance: Controller
Nearly one-quarter of nonprofits receiving the most lucrative contracts from San Francisco are out of compliance, with four rated as concerning due to outstanding financial reporting issues, according to a Dec. 19 report from the city’s controller. More than 250 issues across 46 nonprofits were singled out in the controller’s 2023 report as failing to comply with a variety of things, but mostly issues related to financial document management. Those monitored—197 in all—either received $1 million or more from at least one city agency or at least $200,000 from two or more departments. “We trust these monitoring results highlight areas where some contractors are struggling and require technical assistance or other interventions,” Controller Ben Rosenfield said in a Dec. 19 press release announcing the report....
