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Effect of the Economy on Non profits

Posted August 17, 2010 11:10 AM by Ted Jackson

The Guidestar Survey of Nonprofits released today reveals that non profits continue to struggle with declining donations and increased demand on services. With an emphasis on the first five months of this year the survey shows that while things are stabilizing somewhat, current conditions are being compared with some of the worst years ever. Competition for resources, pressure to restrict services, and the need to do more with less increases the importance of disciplined strategy management through tools such as Balanced Scorecard and Logic Models.

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