During chaotic times, it makes sense that many nonprofits are only able to focus on their immediate future. A recent survey of nonprofits found that 52% of respondents have the cash on hand to support their organization for only the next three months or less, with 18% having just one month or less.
If your nonprofit is struggling, creating long-term financial plans may seem like a luxury. However, whether your nonprofit is doing well or starting in a poor position, the first steps to sustainability are the same: assessing your strategy, researching solutions, and restructuring as necessary.
In this guide, we will provide tips for ensuring long-term sustainability across leadership teams, donor cultivation processes, and other internal operations.
