The Nonprofit Finance Fund has released its 2011 Nonprofit State of the Sector Survey findings focusing on what financial strategies nonprofits are using to cope in the current economic climate. The survey is now posted at the NFF’s website. Among the findings, based on responses from more than 1,900 nonprofit leaders, were that 60 percent of organizations surveyed have three months or less of cash on hand, and 10 percent have none, with only 9 percent expecting 2011 to be financially easier for the people they serve. On the positive side, 44 percent of nonprofits reported ending 2010 with a surplus, in contrast to 35 percent who had a surplus in 2009; 35 percent of organizations raised more revenue in 2010 than anticipated. The NFF survey website includes a highlights section, national summary, spreadsheet results, and a section featuring stories from the people who filled out the survey. The site also includes a Social Currency blog, which over the next few weeks will feature analysis and commentary meant to facilitate conversations between nonprofit board members and external stakeholders.
Posted April 4, 2011