Charity Navigator Says Aid Groups Can Revise Financial Information - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Charity Navigator Says Aid Groups Can Revise Financial Information - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Charity Navigator Says Aid Groups Can Revise Financial Information

By Caroline Preston

Charity Navigator, one of the nation’s most-prominent watchdog groups, says it doesn’t want to punish nonprofit aid groups whose revenues are shown to be lower since they adopted a more conservative approach to valuing their product donations. The watchdog, which rates charities in part on their financial health, will give organizations the chance to revise past financial statements so they won’t be hurt by plummeting revenues.