What you think you know about nonprofits might be holding our community back
The article challenges common misconceptions about nonprofits, arguing that they should not be expected to be self-sufficient and that a healthy balance sheet is a sign of stewardship, not hoarding. The author encourages donors and funders to rethink their expectations and support nonprofits that invest in themselves.
Common misconceptions about nonprofits hinder their ability to serve the community. The assumption that nonprofits should be self-sufficient is misguided, as they exist to address issues that the market cannot solve. A healthy nonprofit is sustained by a diverse mix of funding sources, not just self-sufficiency. Nonprofits that build up reserves are demonstrating stewardship, not hoarding. Donors and funders should resist reducing support for organizations that appear financially stable. The 'overhead myth' is also damaging, as it punishes nonprofits for investing in themselves. In reality, nonprofits that invest in staff, technology, and infrastructure are better equipped to achieve their missions. Southwest Colorado's nonprofits are doing exceptional work and deserve to be understood and supported.
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