The Nonprofit Financial Model Never Worked; Here's a New Model That Does | Fast Company

The Nonprofit Financial Model Never Worked; Here's a New Model That Does | Fast Company: "The Nonprofit Financial Model Never Worked; Here's a New Model That Does
BY FC Expert Blogger Alice KorngoldTue Oct 26, 2010
This blog is written by a member of our expert blogging community and expresses that expert's views alone.

Imagine if your company's investors expected you to end your year without generating a dime in surplus. Welcome to the nonprofit sector, where your investors are foundations, and they expect multi-million dollar enterprises to end their year with zero. This makes nonprofits dependent supplicants year after year--unhealthy enterprises with no cash"