Financial Stability and Sustainability in Non-Profit Organizations
Financial stability and sustainability are essential for non-profit organizations to deliver services, achieve mission objectives, and withstand economic uncertainties. This article presents an integrated framework covering budgeting, accounting, cash flow management, internal controls, risk mitigation, fundraising, investment management, auditing, and technological adoption. It highlights strategies such as diversifying revenue, maintaining reserves, and aligning financial policies with mission goals, while emphasizing stakeholder trust and transparency. Case studies from organizations like Habitat for Humanity, Doctors Without Borders, and Charity: Water demonstrate practical applications that strengthen resilience and expand social impact. By combining theoretical principles with actionable tools, the article provides guidance for academics and practitioners seeking to build robust financial sustainability frameworks in the non-profit sector.
Authors
- Anna Neya Kazanskaia (ORCID: https://orcid.org/0009-0009-5669-1676)
Publication Details
- Published
- 2025-01-01
- DOI
- https://doi.org/10.64357/neya-gjnps-fnmnbstprtl-13
- Primary Topic
- Community Development and Social Impact
- Type
- article
- Field-Weighted Citation Impact
- 0.00