This piece about the lack of reserves at nonprofits appeared in the same issue of the New York Times as a story about a growing number of cities playing host to shantytowns–Hoovervilles, they used to be called. Coincidence? The Nonprofiteer thinks not.
In case anybody wonders whether we’ll notice when 100,000 nonprofits go belly-up.
Tags: charity, Depression, financial reserves, Fundraising, Hooverville, Nonprofit management, nonprofits, not for profit, Poverty
