Response to discussion post minimum 150 words

I’m working on a Management exercise and need support.

Read the posts of your peers and respond to at least one. Ask clarifying questions or suggest additional ways the nonprofit could respond to the threats the learner identified. As you did in your initial post, use your research to support your claims and be sure to cite your sources according to APA guidelines.

Student post down below:

A majority of nonprofit organizations face threats during an economic downturn. Weikart et al. (2013) indicated the changing economy is a constant threat; reduces funding options and there are less government grants or contracts available to support nonprofit activities. South Central Community Action Programs (SCCAP) has reached out to the public via website to obtain or seek in-kind support during the economic downturn (SCCAP, 2020). SCCAP has also collaborated with multiple community agencies during the current pandemic to offer additional support to the community and seek financial support for the activities (SCCAP, 2020).

Many nonprofit organizations face the threat of declines in different types of contributions and “experienced cash-flow issues” during the economic downturn (Weikart et al., 2013, p. 303). Although other organizations may have experienced a decline in contributions or revenue, some organizations are receiving more contributions or donations during the changing economy. For an example: SCCAP has experienced an increase in their food and supply donations during the latest pandemic; received more food donations for their food pantries, and supplies for their homeless shelter (SCCAP, 2020).

To remain sustainable through an economic hardship, Weikart et al. (2013) suggested nonprofit organizations should identify which revenues may be affected by an economic crisis to determine which programs may experience the hardship or significant change. During an economic downturn some organizations could seek small donors to increase their revenue possibilities (Weikart et al., 2013). Effective collaboration is always a good strategy to gain financial stability during an economic change; relationships may lead to additional financial support (Weikart et al., 2013).

Prof. Angela

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