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Northern Dental Access Center Expansion through Service to “Competitors”
This original case study examines the pandemic-related financial strategies deployed by a nonprofit providing dental services to low-income people in rural Minnesota. The organization was not only largely dependent on fee-for-service revenue, but it had an almost impossibly tight margin, and its ability to provide services was curtailed by the state for an indeterminate period. This case speaks to the need to recognize nonfinancial capital in organizational strategies during times of crisis, and to the need to understand the capital needs of nonprofits in a more complete and nuanced fashion.
Reply To: Nonprofit Reserves: The Real Deal – Questions for Panelists
I’m the ED of statewide land trust with an annual operating budget of $510k that has a 16-month operating reserve. As a relatively young organization…
Reply To: Nonprofit Profit Reserves: The Real Deal – Reflection
I’m the ED of a 20-yr old land trust with an annual budget of $510k and 16 months of operating reserves We were fortunate and…
Reply To: Nonprofit Reserves: The Real Deal – Questions for Panelists
Thanks so much for the opporunity to participate in this forum. I work for an Arts organization with a $5 million budget. We were closed…
Reply To: Nonprofit Profit Reserves: The Real Deal – Reflection
I am CEO of VISIONS/Services for the Blind and Visually Impaired. We serve people who are blind and their families at three center locations and…
Reply To: Nonprofit Reserves: The Real Deal – Questions for Panelists
# 1 – How do you feel about using reserves to invest in expansion and enhanced program quality as evidenced by a proposed budget loss.…
Reply To: Nonprofit Profit Reserves: The Real Deal – Reflection
This is Ruth McCambridge again introducing this area where we ask you to tell us your story about how you did or did not use…
Reply To: Nonprofit Reserves: The Real Deal – Questions for Panelists
Welcome! This is Ruth McCambrridge, a proud member of the team here at the new Nonprofit Financial Commons where we believe wholeheartedly in the deep…
Reply To: Nonprofit Reserves: The Real Deal – Questions for Panelists
1. What are the minimum reserve requirements you reccomend based not only on the annual budget, but as a percentage of receivables outstanding that have…
Nonprofit Profit Reserves: Forum Registration
Most commons have a forum where community members can meet to surface mutual concerns and exchange resources. At the Nonprofit Financial Commons, THIS is that…