There's got to be another way.
And according to the 2014 Nonprofit Finance Fund State of the Nonprofit Sector Survey, released last week, nonprofits are determined to find it.
47% of nonprofits surveyed reported they were engaged in strategic or financial planning to seek a new financial operating model. Even though 71% of charities broke even or reported a budget surplus last year, the quest for long-term financial sustainability was the most-often cited challenge.
The economy may be getting better, but the nonprofit social contract has been irrevocably changed.