Nonprofit Finance Fund Survey: America's Nonprofits in Danger
Survey of 950+ Nonprofit Professionals Finds Half Expect the Recession to Have Long-Term or Permanent Negative Effect on their Organizations
Key findings include:
• Only 12% of all respondents expect to operate above break-even this year.
• Just 16% anticipate being able to cover their operating expenses in both 2009 and 2010.
• 31% don't have enough operating cash in hand to cover more that one month of expenses, and another 31% have less than three months' worth.
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