Nonprofit Network - April 2009

Last month, NDANO asked its members to complete an economic survey to determine how North Dakota nonprofits are doing in these challenging times. Below are a few key results.

In terms of my organization's financial position at the current time, we are:
* Healthy and strong for the foreseeable future:  28.6%
* Doing well but feeling nervous about the near future (6 - 12 months from now):  52.4%
* Doing well but project specific impacts within the next 6 - 12 months: 9.5%
* The economy is negatively impacting our organization now:  9.5%
* Our position is poor with little relief in sight:  0.0%
* We expect to go out of business within the next 3 months:  0.0%

Compared to 2008, estimated 2009 total revenues from all sources will be:
* Significantly more than 2008 (more than 10%): 4.8%
* Slightly more than 2008 (1- 5%):  28.6%
* Equal to 2008:  33.3%
* Slightly less than 2008 (1-5%):  23.8%
* Significantly less than 2008 (10 - 20%):  9.5%
* Dramatically less than 2008 (more than 30%):  0.0%
* Going out of business in 2009 is an immediate possibility:  0.0%

Compared to 2008, estimated 2009 total expenses from all budget items will be:
* Dramatically more than 2008 (more than 30%): 4.8%
* Significantly more than 2008 (more than 10%):  9.5%
* Slightly more than 2008 (1- 9%):  57.1%
* Equal to 2008:  14.3%
* Slightly less than 2008 (1-9%):  9.5%
* Significantly less than 2008 (10 - 20%):  4.8%
* Dramatically less than 2008 (more than 30%):  0.0%

As a direct result of the economy's impact, in the past 12 months, my organization has:
* Taken out a loan to pay for budget shortfalls:  0.0%
* Taken out a line of credit to help with budget shortfalls:  0.0%
* Tapped an existing line of credit to help with budget shortfalls:  0.0%
* Taken out a second mortgage or equity line on a building:  0.0%
* Taken larger endowment payouts to help with budget shortfalls:  0.0%
* Used restricted funds for operations with the intent to 'pay it back':  15.0%
* Run out of cash for short periods of time (1-2 weeks): 5.0%
* Run out of cash for long periods of time (1+ months):  0.0%
* Used credit cards to pay for budget shortfalls:  0.0%
* Delayed payroll for one or more staff:  10.5%
* Delayed significant amounts or numbers of vendor payments for more than 60 days to

    manage cash:  0.0%
* Taken a loan from a board member:  0.0%
* Delayed program implementation:  10.0%

Survey Respondents
Only 23 nonprofits completed the survey, which is a small survey size, so it is not possible to provide a comprehensive picture of how North Dakota nonprofits are doing. Below are some details on the types of nonprofits that completed the survey.

Primary Purpose
* Arts, Culture and Humanities (other than performing):  8.7%
* Performing Arts:  8.7%
* Educational Institutions:  17.4%
* Educational Support Organizations:  8.7%
* Health Support Services:  4.3%
* Mental Health Treatment, Crisis Intervention:  4.3%
* Housing, Shelter:  8.7%
* Community & Neighborhood Development:  8.7%
* Philanthropy, Volunteerism and Grantmaking:  4.3%
* Other:  26.1%

Annual Budget
* $0-99,000:  30.4%
* $100,000 to $250,000:  34.8%
* $251,000 to $500,000:  8.7%
* $501,000 to $1 million:  13.0%
* $1.01 million to $2 million:  8.7%
* $2.01 million to $5 million:  4.3%