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A slim majority of Arizona nonprofits say it’s highly unlikely they’d have to close permanently during the next fiscal year if their financial situations do not improve in 2021. But more than 60% of those organizations say without some kind of financial assistance, they’ll see net operating losses of up to 50%.
Those are among the findings of a new survey done by the Alliance of Arizona Nonprofits.
This follows another survey done in March by the group, in which nonprofits reported nearly $30 million of lost revenue at that point.
As the pandemic and the economic uncertainty that goes with it continue, The Show spoke with Kristin Merrifield, CEO of the Alliance of Arizona Nonprofits, about how she would say the state’s nonprofit sector is doing right now.
The Show also spoke with Myriah Mhoon, who leads one of the nonprofits here in Arizona that has been working to continue through the pandemic.
New Life Center in Goodyear is a shelter and outreach center for adults and children escaping domestic violence.
According to Mhoon, the challenges have been twofold — continuing their operations and paying for them.
