Holiday Season Brings Human Services Funding Dilemma Solutions to Light
By Sidni Shorter In Fundraising Posted May 7, 2013 0 Comments

Holiday season brings human services funding dilemma and solutions to light

As we close out Thanksgiving and look ahead to the Christmas festivities, many Americans are not only thankful for their personal well-being, but they are also volunteering to help others in many human service organizations throughout the country. For those of us who work in or with the nonprofit sector, we’re viewing the likely recipients of these volunteer hours with a sympathetic lens. Why?

Our society is asking these human service organizations to do more with less and under increasingly stressful funding scenarios. Homeless shelters, soup kitchens and after-school programs are especially dependent upon government funding. According to the Bank of America Charitable Foundation, 4,607 nonprofits that were surveyed experienced a rise in demand for their services over the last four years. Ninety-five percent of these organizations receive federal, state or local grants. Approximately 55 percent of these nonprofits report late payments from the government.

When you combine an increased demand for services and a heightened uncertainty of funding, you put a critical network of social support under incredible strain. Fortunately, there are some organizations that can help.

The Nonprofit Finance Fund has developed a program to help increase the financial certainty for nonprofits in the human services arena. Through a combination of loans, grants and guidance, the NFF has developed what it calls a “complete capital solution.” Additionally, these nonprofits can enlist the support of financial experts. Execute Now! provides a wide variety of services to assist organizations in planning, forecasting and managing finances to level out your funding highs and lows. Execute Now! works with small and large organizations in a manner that suits your scope and budget.

For example, Execute Now! can assist with reconciling bank statements, creating accurate and timely financial statements, developing financial analyses each month and examining your cash flow. Ultimately, our full-service operation allows you to perform other critical leadership tasks that demand your attention. Visit us at www.executenow.com to hear what some of our clients have to say about us.

By Erica McGeachy Crenshaw, President/CEO of Execute Now!, Inc.

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