The 2012 Nonprofit Finance Fund State of the Sector Report is out. If you are a data wonk, it’s a must read. If you are like most of us, a reader’s digest version will do fine, and NFF does a good job of summarizing the report’s findings.
For me, the shout-out goes to Jennifer Talansky, VP of Knowledge and Communications at NFF, who posted "If Nonprofits Fail," an attention-grabbing piece in Philanthropy News Digest. Talansky’s review of the data is sobering — not much improvement in the sector since 2009, the first year of the report.
The title of this blog is a direct quote from Talansky’s post and after reviewing the facts below (reprinted directly from NFF), I couldn’t agree more.
In the nonprofit world, business as usual is not working.
• 85 percent of nonprofits experienced an increase in the demand for services in 2011.
• This is on top of years of increased demand. Previous NFF surveys found that 77 percent of nonprofits experienced an increase in demand in 2010; 71 percent experienced an increase in 2009; and 73 percent experienced an increase in 2008.
• 88 percent expect an increase in demand for services in 2012.
• 57 percent have 3 months or less cash-on-hand.
• 87 percent said their financial outlook won’t get any better in 2012.
What are your thoughts on the report and Talansky’s piece?
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