Project Title: Nonprofit financial assessment to ensure sustainability when major revenue sources are reduced or lost
The Institute for Human Services, Inc.
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| Project Title | Nonprofit financial assessment to ensure sustainability when major revenue sources are reduced or lost |
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| Project Synopsis: Challenge/Opportunity |
Many nonprofits that weÔÇÖve worked with, including our agency fail to plan for losses in revenue streams. As a capacity building agency, we need to be well versed and a leader in many areas that assist our member nonprofits in continuity of operations and sustainability. The collaboration goals of this project would be to work with MBA students to build an assessment for nonprofits to work through crisis situations, such as a loss of funding. The intent of the assessment would be to help management evaluate the impact of the funding loss, establish how operations could be sustained, and in culmination provide recommendations for future goals to ensure sustainability. Essentially this project would provide management a foundation to build a process or provide a process to navigate these crisis scenarios proactively and enhance preparation to improve nonprofit viability. The Institute for Human Services plans to utilize the project outcomes and/or tool with member agencies after it is tested in house.
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Project Timeline
The Institute for Human Services, Inc. - Nonprofit financial assessment to ensure sustainability when major revenue sources are reduced or lost
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Due Date
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Activities |
Deliverables
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Status
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Mon, 03/02/20
12:00 AM
UTC
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Program Kickoff
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No Deliverables
No deliverables are required for this action item.
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Location:
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Program Managers
| Name | Organization |
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| Alice Obermiller | University of Notre Dame |
Teams
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| No Teams Available |