Fighting shape — It’s time to bolster your nonprofit’s budget
Abstract: In the past few years, many nonprofits constricted spending to cover only the bare essentials. But this can make it hard for them to resume prerecession programming. As the economy rebounds, they need to seek new sources of funds to invest in the people, facilities and other resources needed to thrive and grow. This article explains how nonprofits can tap these sources, including new business ventures, without threatening their exempt status.