Friday, July 29, 2005

Nonprofits Adopting a For-Profit Model

Nonprofits Adopting a For-Profit Model: "Nonprofits Adopting a For-Profit Model

By MILLIE MUNSHI
The Associated Press
Thursday, July 28, 2005; 10:11 PM

NEW YORK -- Dan Cardinali is running his nonprofit organization like a business. Communities In Schools, a national dropout prevention program, went through a painful process last year similar to a corporate reorganization that included program cuts and layoffs.

Working with a consulting firm, Cardinali's organization spent seven months redefining the roles of its local, state, and national offices, changing its management team and tightening its business model.


'We were intent on becoming a really well-run nonprofit organization, balancing an efficiency of resources with high, substantial impact,' Cardinali said."

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