I'm a grant writer who just started working for a nonprofit, and I'm nervous about the ED's attitude toward obtained funding. We have restricted grants received for specific program costs, but the ED thinks we should be able to just move the money we've received around anywhere we need it.
I'm not an accounting person, and I'm not experienced with managing and allocating funding once it's been received, but my understanding of restricted funding was that it's supposed to go where donors have specifically stipulated. The ED says that nonprofits move money around internally all the time and that's how they stay afloat…which makes a certain kind of sense.
I'm just wondering if what this organization is doing is normal, or if it's mismanagement of funding?
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