Somewhere out there in the fictional Freedom County USA, the human services sector is in danger. Many nonprofits have less than a few week’s worth of cash on hand and tens of thousands of people are at risk of losing vital services.
These problems of this fictional place however mirror the real world America where a new report outlines problems similar to those faced by New York nonprofits – not enough money to keep up with the demand for government-funded services. The accounting math shows that the average community based organization (CBO) is losing money at a time of looming austerity at the federal and state levels.
