KaBOOM! Founder and CEO, Darell Hammond, was recognized by Forbes Magazine as one of the top 30 social entrepreneurs in the world. In determining their inaugural Impact 30 list of people using business to solve the world's most pressing social problems, Forbes turned to a panel of experts to "identify the leading innovators across health, education, finance and other sectors."
In selecting Hammond they not only recognized his unique talents in building a movement to save play, but also that play is critical to the health and well-being of our children. In fact, Jill Vialet, CEO and Founder of frequent KaBOOM! partner, Playworks, also made the list, further illustrating the growing momentum around the cause of play.
KaBOOM! Chief Financial Officer Gerry Megas was honored by the Washington Business Journal as the region’s Non-Profit CFO of the Year on Wednesday evening.
Selected over stiff competition, Gerry’s contributions have led KaBOOM! to a more secure financial situation and increased its operating reserve by bringing in his experience from the for-profit sector as a CPA and CFO for U.S. Foodservice.
Joining KaBOOM! in 2006, Gerry initiated a number of changes in accounting, budgeting and financial controls to ensure the stability of the organization, helping to almost double its contribution to net assets from $907,000 in 2007 to $1.5 million in 2008. In 2007, Gerry established a financial plan that increased the KaBOOM! organizational operating reserve from a capacity of two months to nine months by the end of 2008.