Entrepreneur earmarks 10 percent of profits for charity, honors well-run not-for-profits.
This week’s issue features stories about two local businessmen. Both are native Hoosiers in their late 40s who showed
entrepreneurial instincts at a young age. But the similarities end there.
en years ago, Dodson Group CEO Jim Dodson came to IBJ with an idea to launch a program that would recognize
best practices in the not-for-profit community and reward organizations that practiced them. And not just with
a pat on the back—with hard cash.
At first, small-business owner Jim Dodson figured the problem must be a technical glitch. During a routine analysis of
aging unpaid invoices last September, one of his employees couldn’t tie the latest figures to the company’s ledger.
Accounts receivable for his company,
the Dodson Group, had been overstated by $2.7 million—double their true value. And $422,539 was missing from the firm’s