Poll shows area nonprofit organizations will lose $15 million this year

Poll shows area nonprofit organizations will lose $15 million this year

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"Most nonprofits anticipate not being back to pre-pandemic stability for 12-24 months, so that is such a long time and there are just a lot of things we don't know yet in the nonprofit community," said Hannah Young, communications manager at the Nonprofit Association of the Midlands.

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A poll done by NAM shows metro area nonprofit organizations will lose $15 million in 2021.

A total of 159 nonprofits in Nebraska and Southwest Iowa responded to the poll. Their number one concern was money, especially organizations that have been underfunded in the past.

From the poll, of those that survived the pandemic, 16% felt less financially stable than last year. Six percent report they are currently in a financial crisis.

Source Name: 
KMTV
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