Innovation is no longer optional for social sector organizations. In the face of constant fiscal pressures, growing demand, and a quickening pace of change, we all need to build innovation-ready cultures. A report commissioned by our organization, Alliance for Strong Families and Communities, looked at the financial data of more than 200,000 nonprofits in the United States and found that community-based, human-service organizations are in financial peril. Nearly one in eight human service nonprofits are technically insolvent, and nearly half have a negative operating margin over a three-year period.
Image: https://ssir.org/
