UPDATE: How Nonprofit Leaders and Organizations in Western PA are Coping With the Recession
In 2008 Dewey & Kaye released a study, Nonprofit Leadership Development: A model for identifying and growing leaders within the nonprofit sector, based on in-depth research with a group of 36 successful Human Services leaders and their boards. This research provided a model of competencies that successful nonprofit leaders will need to master the fluidity, complexity and turmoil facing their organizations. The study also highlighted ways to assess and develop successful leaders. This summer we followed up with 25 of these leaders to understand how they, and their organizations, were coping with the recession.
Our follow up interviews indicate that, while demand for services is up and revenue is down, the majority of organizations have found ways to deal with the economic downturn that in most cases avoid broad lay-offs or reductions in programs and services. Strong leadership, supportive boards and finance committees, and thoughtful contingency planning were all credited for allowing organizations to mitigate the negative impact of the recession. However, these interviews were conducted prior to the ongoing state budget stalemate that has left many of these same organizations to fall back to more drastic contingency plans.
Click here for the complete article.
Written by: Leslie Bonner, a Senior Consultant at Dewey & Kaye, a McCrory and McDowell Company. Leslie can be reached at lbonner@deweykaye.com.
Impact and Challenges of the State Budget Stalemate
The interviews we described in the article above were conducted prior to the state budget stalemate. We know from our contact with clients that they are being affected in many different ways. Here are just a few of the responses we received to a follow up question to our leadership study participants about the impact of being a nonprofit in the only state that has not passed a budget.
Click here for the complete article.
Two Great Seminars!!
What you don't know - or understand - about basic finance can hurt you and your organization!
Dewey & Kaye's nonprofit financial capacity training series presents:
Nonprofit Finance 101 for Non-financial Managers
Thursday, October 15, 2009
8:30 AM - 12:00 Noon
Three Rivers Insitute - McCrory & McDowell LLC
Reservation Deadline: October 7, 2009 (TODAY)
Strategic Financial Management for CEOS & Program Managers
Thursday, October 22, 2009
8:30 AM - 12:00 Noon
Three Rivers Insitute - McCrory & McDowell LLC
Reservation Deadline: October 14, 2009
Class size is limited! Guarantee your seat today!
Click here for the complete details.
Congratulation to PACE School, Veterans Leadership Program and the YMCA of Greater Pittsburgh!
We’re delighted to be associated with three inspirational and excellent nonprofit organizations that were all nominated for the Alfred W. Wishart Jr. Award for Excellence in Nonprofit Management, PACE School, Veterans Leadership Program and the YMCA of Greater Pittsburgh. PACE School was announced winner of the award at the GWPA Nonprofit Summit last week for the amazing work they do on behalf of young people with autism and emotional challenges, but all three organizations deserve a standing ovation for the quality work they do in our community.
Click here to read more.