PoughkeepsieJournal.com - Problems show organizations need new strategy

PoughkeepsieJournal.com - Problems show organizations need new strategy: "Problems show organizations need new strategy
By Anthony Farmer
The Poughkeepsie Journal
The sudden closing of two local nonprofit agencies last week could be a sign of things to come, according to many in the field.
But it doesn't have to be.
The YWCA of Dutchess County and Youth Resource Development Corp. each shut down on Friday, citing financial woes.
Maintaining consistent funding streams is a challenge for any nonprofit organization. With more competition among groups for an increasingly limited pool of dollars, nonprofits need to learn to do more with less and plan strategically for the future, several people in the nonprofit community said Monday. "