In the Nonprofit Finance Fund 2013 State of the Sector Survey, nearly 6000 nonprofits respondents from across the country shared the details of how they are adapting their organizations and finances to current economic conditions. A key finding is that nonprofits need, and are seeking, new funding sources and models.
 
While 2012 was a year in which organizations either made or planned to make significant changes in order to cope with mounting economic stress, the survey results indicate that in 2013 nonprofit leaders are seeking economic opportunities to be able to meet increased needs.

On the New Hampshire front, 50 organizations, 42% of which have budgets between $500,000 and $2 million, responded to the survey. The responding NH organizations mirror what the survey says on a national basis; the appetite is there for finding new funding opportunities and changing game plans. 

According to the survey, 52% of NH organizations plan on changing the way they raise and spend money, and 52% plan on advocating on their behalf to government, while 50% plan on upgrading technology for great efficiencies. 18% are looking to collaborate and partner with another organization to reduce administrative expenses and to increase their reach. Overall, the NH organizations are consistent with their national colleagues and 66% identified the need to network and seek professional development as high priority activities in both 2012 and 2013.

41% of NH organizations said that they experienced a "slight increase" in service demand in 2012, and 60% anticipate a "slight increase" in demand for 2013. 52% expect they will be able to handle that demand.

The split among the responding NH organizations as to whether they ended Fiscal Year 2012 with an Operating Surplus (35%), an Operating Deficit (33%) or at a Break Even Point (31%) was relatively evenly distributed. However, a slightly higher percent anticipate they will end Fiscal Year 2013 with a deficit.

Hiring anticipation for NH organizations is more stable than last year; only 2% are anticipating reducing staff compared to the 26% who took that action last year. However, 42% plan on relying more heavily on volunteer power.

Of the top needs identified in their communities of service, 50% declared affordable housing, 45% identified access to healthcare, and 32% called for job creation.

To view the entire survey results, visit The Nonprofit Finance Fund 2013 State of the Sector Survey Site

Findings of interest include:

  • 42% of survey respondents report that they do not have the right mix of financial resources to thrive and be effective in the next 3 years.
  • Over the next twelve months, 39% plan to change the main ways they raise and spend money.
  • 23% will seek funding other than grants or contracts, such as loans or investments.
  • 54% anticipate that the need for services will increase in the coming year.
  • 44% anticipate that they will end 2013 with an operating deficit.
  • 19% reduced staff last year, and 8% anticipating reducing staff in the coming year.
  • 21% plan to collaborate with other organizations to reduce administrative expenses.
  • And 50% plan to collaborate with other organizations to improve/increase services.

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