Capstone – Project

Nonprofit financial assessment to ensure sustainability when major revenue sources are reduced or lost

A Collaboration Between

Engagement Synopsis

Many nonprofits that weÔÇÖve worked with, including our agency fail to plan for losses in revenue streams. As a capacity building agency, we need to be well versed and a leader in many areas that assist our member nonprofits in continuity of operations and sustainability. The collaboration goals of this project would be to work with MBA students to build an assessment for nonprofits to work through crisis situations, such as a loss of funding. The intent of the assessment would be to help management evaluate the impact of the funding loss, establish how operations could be sustained, and in culmination provide recommendations for future goals to ensure sustainability. Essentially this project would provide management a foundation to build a process or provide a process to navigate these crisis scenarios proactively and enhance preparation to improve nonprofit viability. The Institute for Human Services plans to utilize the project outcomes and/or tool with member agencies after it is tested in house.

HOST VENUE ADDRESS

  • Students will be working with the Institute for Human Services, Inc at 50 Liberty Street Bath, NY 14810

REQUIRED PREREQUISITES

  • Students should come in with base knowledge of what an agency would need to assess/evaluate when faced with a minor of major loss of restricted and unrestricted funds.

LEARNING OBJECTIVES

  • If successful, the students will learn how nonprofits need to be resourceful and strategic as any loss of funding can result in mission failure and cripple existence. In some cases cut a needed human service.

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Course Info & Engagement Details

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Project Topics

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