…admittedly, not your usual encomium
With respect to higher education, however, the agency is very much on target:
The Internal Revenue Service has released a new Form 990, the form private colleges and other private nonprofit groups must file every year and release to the public upon request. Additional or rephrased questions seek more information about executive compensation and about the way boards and executives of nonprofit groups conduct business. The release of the new form follows criticism that some nonprofit groups have found ways to be less than complete in their answers on the old form, and amid greater Congressional scrutiny of private colleges and other nonprofit groups. (Inside Higher Ed)
More fulsome disclosure about executive compensation and about the often byzantine practices of governing boards is long overdue and greatly in the public interest.





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