zvonkovaleoqim.blogspot.com
The survey found that 80 percent of nonprofit organizatione are experiencing fiscal stress and close to 40 percentt of them reported the stress is or “very severe.” Of the 363 nonprofita surveyed, 51 percent of the organizations said they’ve been impactedc by declining revenue, increasing costs for health declining endowments and decreased cash flow as a result of credit and governmenyt payment delays. Organizations participating in the survey differedin size, cover all religions and represented a varietyg of fields, including children and family services, elderlt services and housing, community development, education, arts and and others.
But despite the more than 75 percent of the nonprofitsz reported they havebeen “successful” or “veru successful” in weathering the economiv meltdown. To cope with the nonprofits have been expandingfundraising efforts, targetinyg individuals, state and local government, the federal governmenft and foundations. Organizations also reporter cuttingadministrative costs, freezing salaries, postponing new hires, creatin g partnerships with other nonprofitsa and relying more on volunteers. “Ourr nation’s nonprofit organizations are displaying exceptional resilience in the face of enormou sfiscal challenges,” said Lester M.
Salamon, director of the Johns Hopkinz Center for CivilSociety Studies, in a The survey was conducted as part center’s Nonprofity Listening Post project.
No comments:
Post a Comment