More Related Content
Internship Poster Presentation- SESPEJO
- 1. Correlations Between Failed Large to Mid-Sized Nonprofits: A Closer Look at Why Nonprofits Fail Shelly Espejo Sandra Guerra, Program Administrator, The Fordham Center for NonProfit Leaders PURPOSE SIGNIFICANCE METHODOLOGY OUTCOMES EVALUATION ACKNOWLEDGEMENTS Analyze traits that contribute to the failure of nonprofits to create a strategic method for success. • Nonprofit organizations play a critical role in building and supporting the well-being of New Yorkers. • Nonprofits enable 2.5 million New Yorkers to contribute to their communities. I would like to give a special thank you to Sandra Guerra, Internship Preceptor, Ann Marie Hill, Internship Coordinator, and the staff of the Fordham Center for NonProfit Leaders for their contribution and support. •Reduce staff •Invest in infrastructure •Training and accounting systems Capitalizing the Sector • Avoid repeated audits • Reduce costs • Highly-designed, appropriated evaluated program Program Collaboration •Implement a financial/ pragmatic reporting system •Enhance board members and staff engagement Risk Assessment • Organizations with budgets less than $1 million are less likely to be in financial distress. • Underfunded government are making payments of 80₵ or less of each dollar of program’s actual cost. • Underfunding and contract payments delays leads to costly borrowing, acquiring interest not covered by government contracts. • Three major common problems were discovered: cash flow obstacles and chronic underfunding, ineffective and unworkable programs, and lack of adequate risk assessment in the sector. Research Identify Correlations Analyze Recommendations Organize Develop Strategic Method Background picture by Tomorkarma user http://tomokarma.com/wp-content/uploads/2015/01/244.jpg Overwhelming Administrative Costs & Inability to Alert Short and Long-term Fiscal Dangers Redundant Audits Unfunded Mandates Weak Internal Financial & Programmatic Reporting Other Oversight Mechanisms