Can You Tell If Your Organization Is On The Financial Brink?

Here is a direct, and possibly uncomfortable question, for executive teams and board members of non-profit health and human service organizations – how close is your organization to insolvency? And, if you can't answer that question, how do you start? According to a recent article in Nonprofit Quarterly, Weighing The Risks…Before It’s Too Late, 90% of nonprofits are operating too close to the bone, with as little as 80% of program costs covered by government contracts – and no system in place to accurately gauge just how close to “the edge” the organization truly is.

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