When is a Nonprofit Not a Nonprofit?
Last week’s blog led to a reader sending me a series of thoughtful questions (see comments). The first question, however, generated a swift and blunt reply.
His question asked how I would classify a nonprofit organization “whose only revenue stream is governmental grants. Are they a ‘non-profit’ or just a ‘quasi-government’ agency…?” I love easy questions like this. My answer? I classify this as a “nonprofit flirting with death!”
Forget the debate on nomenclature and focus on the big picture: long-term sustainability. Any nonprofit that is funded Read more