Hello everyone, how are you all? I hope so. So, today I bring you a survey carried out by Grassi Consultores & Contadores, along with Organizations of Third sector us United Statess. A Grassi is an American company that provides tax, accounting and business consultancy services for the Third sector.
I know that the research has completely different realities in relation to Brazil and our power distribution model. But I noticed many more similarities in the results than divergent points, so I think that a more detailed analysis of the results of this research can shed light on the Brazilian reality.
Therefore, I invite you to read the report in an unpretentious way, but with the aim of understanding the two realities, the American and the Brazilian, to try to verify what are the positive and negative points that the Third sector here in Brazil and what are our perspectives in the short, medium and long term for the resumption of the country's development and so that the sector can once again present solutions in terms of public policies consistent with the needs of the less favored, those who are there in cutting edge and urgently need consistent, urgent and emerging public policies in order to minimize losses during this period.
In the last three years, 2019 to 2021 The COVID-19 pandemic devastated all sectors of society. And it couldn't have been any different with the Third sector. Thus, Grassi produced a survey and consequently a report evaluating the current conditions and perspectives for Non-Profit Organizations, collecting data and information from Benchmarking that can help the sector in its recovery.
The findings reveal the unique impact of the pandemic on this key market, the ongoing challenges faced by organizations large and small, and most importantly – how nonprofit leaders are strategically positioning their organizations to recover, reinvent, and rebuild a more certain future.
The report presents a drastically disturbing scenario for Non-Profit Organizations. In a sector traditionally faced with the need to reduce costs, as opposed to the need to increase demand with the consequent decrease in financial sources, we found Pandemic of COVID-19, an amplifier of problems.
For example, many respondents experienced approximately 40% of decreased operating costs, 47% of decreased stable or declining demand for services, and, in turn, experienced 33% higher operating costs as well as increased demand for services around 53%, that is, demand increased and cash flows decreased.
In any case, even in this situation, fewer than 50% of all organizations surveyed reported decreased funding, most likely due in large part to the influx of cash received as cash checks. Payment, loans from Program protection and other federal aid programs.
But even with this assistance, nearly a third of organizations surveyed had to cut programs and services, and only a small minority reported having more liquidity in the past 12 months. The outbreaks of COVID-19 was an issue for more than 60% of employees interviewed, while an equal number cite ongoing challenges in attracting and retaining staff.
Despite these extensive changes, the report paints a picture of a resilient nonprofit sector. Below are some strategies employed by those interviewed to weather the storm, which, among other things, include:
- Renegotiation of leases;
- Strategic workforce planning;
- Updated service delivery models;
- Broader adoption of new technologies across the sector.
These are just some of the proactive tactics that for-profit leaders are using to reinvent their organizations and sustain their missions.
REPORT
Follow this below link the Survey PDF file. Content in English
Content extracted from the website: The Non-Profit Times