2013
DOI: 10.1515/npf-2012-0009
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Divergent Patterns of Nonprofit Financial Distress

Abstract: Human service nonprofit organizations have increasingly been called upon to produce public services as governments have sought to devolve responsibility to private organizations. Just as stress tests have used accounting indicators to determine the distress of banks, this article uses measures of financial distress (Shumway 2001; Trussel and Greenlee 2004) to understand what types of human service nonprofits are facing difficulties. Joining NCCS Core Files with spatial data from the American Community Survey, … Show more

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Cited by 15 publications
(14 citation statements)
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“…Based on the structured interview, volunteering is a non-paid and conscious activity that is done of own free will for the benefit of others. A volunteer may become every man in different areas of the life of society, where such kind of activities are needed [12,13]. Interesting is also the view that follows the above-mentioned view, but emphasizes that a volunteer is also an expert in his / her field selflessly providing his / her knowledge, skills and leisure to the benefit of others.…”
Section: Volunteering and Its Importance In Managing Human Resources mentioning
confidence: 99%
“…Based on the structured interview, volunteering is a non-paid and conscious activity that is done of own free will for the benefit of others. A volunteer may become every man in different areas of the life of society, where such kind of activities are needed [12,13]. Interesting is also the view that follows the above-mentioned view, but emphasizes that a volunteer is also an expert in his / her field selflessly providing his / her knowledge, skills and leisure to the benefit of others.…”
Section: Volunteering and Its Importance In Managing Human Resources mentioning
confidence: 99%
“…Researchers have long recognized that nonprofits focusing on different service fields are not uniform in their revenue sources and expenditure patterns (Salamon ; Young ). To obtain a sample of organizations with a relatively homogeneous financial structure, we followed Grønbjerg () and Never () and included only human services and community improvement organizations. According to the current National Taxonomy of Exempt Entities‐Core Codes (NTEE‐CC) Classification System, these organizations correspond to all major groups (I, J, K, L, M, N, O, and P) under category “V.…”
Section: Sample and Datamentioning
confidence: 99%
“…Any quantitative empirical study where clustering or contagion could be at play should lead us to test for spatial dependence. Valuable datasets such as the NCCS core files could exhibit spatiality: studies of financial distress (Never 2014;Hager 2001), financial reserves (Calabrese 2013), market entrance (Mook, Maiorano, and Quarter (2015), voluntarism (Rotolo, Wilson, and Dietz 2015), and donative behavior (Casale and Baumann 2015), all could have clustering of like organizations. Clustering and contagion can also be prevalent in studies of resource flows across actors, where space is more conceptual than physical geography Hays 2006, Frazese, Robert, andHays 2008).…”
Section: Discussionmentioning
confidence: 99%
“…Lastly, P.O. Boxes might be systematically allocated to smaller organizations, resulting in systematic locational bias; Never (2014) finds that there is not a difference in revenue for human service nonprofits with and without a P.O. Box.…”
Section: Limitationsmentioning
confidence: 99%