News » Nonprofit Financial Snapshot
Six months into the pandemic and historic job losses, the financial picture for community based organizations keeps changing; canceled galas, Rapid Response grants, Payroll Protection government loans, online programming and new donors interested in supporting basic needs. As part of CNM’s continuing effort to track the impact of COVID-19 in real time, we surveyed 120 nonprofits based in LA County during the month of September to find out how different sized organizations are dealing with these dramatic fluctuations. This data helps inform our training and consulting services and our advocacy efforts on behalf of our sector. We hope it informs your navigation and planning during this crisis as well.
Correction: An initial version of this document incorrectly stated that “75% of organizations reported a decrease across all revenue streams.” when in fact it was across various revenue streams.
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Need expert advice? We're only an email or phone call away. Use this form to get in touch or call the Nonprofit Answer Hotline at the number listed below. You can also schedule a free, 15-minute appointment and we’ll match you with an in-house expert.
Need expert advice? We’re only an email or phone call away. Use this form to get in touch or call the Nonprofit Answer Hotline at the number listed below.
You can also schedule a free, 15-minute appointment and we’ll match you with an in-house expert.