Hearing to receive an update on the City's nonprofit monitoring program, including the findings and planned improvements described in the Citywide Nonprofit Monitoring and Capacity Building Program Fiscal Year 2023-2024 Annual Report; requesting the City Services Auditor and City Performance Division of the City Controller to report.

This hearing provides an update on the City's nonprofit monitoring program, specifically focusing on the findings and planned improvements from the Citywide Nonprofit Monitoring and Capacity Building Program Fiscal Year 2023-2024 Annual Report. The City relies on nonprofit partners for $1.63 billion in services annually. The report details the progress and challenges in fiscal and contract monitoring, capacity building, and corrective action processes for the 728 nonprofits that contract with the City. Key findings include improvements in timely audit submissions and financial health indicators, though some nonprofits still face challenges with cash flow and reporting.

This update ensures that city funds allocated to nonprofit services are monitored effectively, aiming to improve the quality and reliability of services residents receive from these organizations.

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