By Monica E. Oss, Chief Executive Officer A new report confirmed on a broad scale what my colleagues and I have seen up close for the past decade. The organizations providing community-based health and human services are, as a group, in serious financial trouble. The report findings included: Nearly 1 in 8 human services community-based organizations (CBOs) are technically insolvent, with total liabilities exceeding total assets. Nearly half of all human services CBOs reported a negative three-year operating margin, with the bottom quarter reporting a three-year margin of -5% or less. 30% of human services CBOs have virtually no margin for error with cash reserves that cover…
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