Blog

Over the years, I’ve had the opportunity to work with nonprofits in crisis. These are challenging times when the powerful mission of an organization runs into the financial realities of delivering that mission.

The “Great Recession” hit everyone – especially those with too much debt. Debt is not necessarily evil, but when it’s a touch too much, it can be devastating.

In their eagerness to get a building opened, or as a result of calamitous economic changes, too many nonprofit boards have found themselves with more debt than their organization can bear. When your “customer” becomes the bank rather than the community, it’s time get serious about reducing debt.