‘Surprise!’ A Word You Don’t Want To Hear From Your CFO

Sixty percent of human services non-profits are financially distressed.

A sobering statement in the March 2016 report, New York Nonprofits In The Aftermath Of FEGS: A Call To Action, prepared by The Human Services Council in the wake of the sudden March 2015 closure of the Federation Employment and Guidance Service (FEGS) in New York (see FEGS Budget Crisis Changes Landscape Of New York Mental Health Service Delivery).

Then last month I read the piece, Can You Tell If Your Organization Is On The Financial Brink?, by my colleague and OPEN MINDS chief executive officer, Monica E. Oss, and . . .