Can Small Organizations Survive?
We've found that coverage of financing and reimbursement in health and human services draws a lot of comments from our members. So does the issue of insolvency. Our reporting on the recent study of the financial status of non-profit community-based organizations drew lots of comments—see If 1 In 8 Community-Based Organizations Are Insolvent, The Answer Is?.
Most of the comments were from executive directors of organizations under $5 million in revenue who shared their strategic challenges. All of them referenced some form of financial insecurity—competing for contracts, the cost of technology, the compensation gap . . .