Northeast Ohio Nonprofits Brace for Tough 2010; Turn to Collaboration and Financial Planning
BVU and Nonprofit Finance Fund Find Only 29 percent of Area Nonprofits Expect to Cover 2009 and 2010 Expenses
CLEVELAND, October 8, 2009 — Nonprofits in Northeast Ohio are facing decreased revenue and an increase in demand as they look toward 2010, according to a survey released today by Business Volunteers Unlimited (BVU) and Nonprofit Finance Fund (NFF). More than 100 respondents painted a grim financial picture of the sector, but also detailed extensive and promising collaboration efforts that outpace national counterparts.
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