The latest issue of Nonprofit Quarterly explores a number of financial issues including budgeting and investing. In one of the articles, Clara Miller, president and CEO of the Nonprofit Finance Fund (NFF), highlights the results of a new study conducted by the organization. A research team examined tax filings of 1,085 youth-serving groups and evaluated three areas:
Diversified Revenue Sources – The results indicate that few of the organizations have more than two funding sources since a third may generate more costs than benefits.
Government Funding – Organizations that are dependent on government funding may be challenged by low cash reserves.
Real Estate Ownership – Nonprofits should think carefully about facility ownership since the increased costs could reduce liquidity and limit resources for programs.
Learn more about the study on youth-serving organizations in “Truth or Consequences: The Implications of Financial Decisions.”
This Nonprofit Quarterly issue is available at the Foundation Center libraries.
The full text of the article is also available on the Nonprofit Finance Fund web site.
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