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Should Your Nonprofit Invest More Internally?

September 5, 2018 | 373 views

Should Your Nonprofit Invest More Internally?

Should Your Nonprofit Invest More Internally?

About 20% of nonprofits are grossly underfunding areas of their business, such as new technology, employee training, and fundraising expenses, according to a recently released BDO Nonprofit Standards report.  Instead, nonprofits are engaging in programmatic spending, with half of all surveyed groups saying they plan to increase their programmatic reach over the next two years. This poses a tremendous risk to future operations, according to the partner of BDO Institute for Nonprofit Excellence, the creator of this report.

 

If this sounds eerily similar to your nonprofit, here are four things you can do to restructure your budget so you’re investing more internally.

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