In this article Clara Miller, President and CEO of the Nonprofit Finance Fund, identifies nonprofit best practices and assumptions which have amplified the impact of the economic downturn on many organizations. She makes the case for increasing the understanding of nonprofit capitalization so that organizations are equipped to make better decisions and create new business models that suit their unique circumstances. Hat tip to Andrew Taylor for his summary of this article on his blog, The Artful Manager.
The Nonprofit Quarterly | @npquarterly | The Four Horsemen of the Nonprofit Financial Apocalypse.
