Saturday, April 4, 2009
Tier nonprofit agencies buck economic downturn
A week ago, The Press & Sun-Bulletin examined how local nonprofits are doing compared to organizations nationally, especailly in light of a Finance Fund survey that showed only 12 percent of nonprofits expect to break even this year and 31 percent don't have enough cash to cover more than one month's expenses. The article relates that nonprofit organizations in Broome County that depend on donations to pay for programs are doing well this year, despite a sagging economy beset by layoffs and job losses. Read more here.
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