More than 200 nonprofit professionals across the state participated in the Colorado Nonprofit Association’s Year-End Snapshot Survey. The survey asked nonprofit professionals to self-report how their organizations fared in 2015 and to share their outlook for 2016.
Programs and Services
In regards to programs and services, 73 percent of the respondents said the demand for their services increased in 2015. In 2016, many nonprofits expect to turn away clients seeking assistance (16 percent) and several may have to eliminate programs (8 percent). The survey also indicates 72 percent of nonprofits met or exceeded revenue goals last year, while 23 percent fell short of reaching revenue goals.
“Nonprofits provide critical support in helping communities thrive every day,” Colorado Nonprofit Association President and CEO Renny Fagan said. “Based on the responses, nonprofits are striving to maintain funding for their organizations, while still managing to provide critical programs and services to meet increased community needs.”
Donations from Marijuana Industry
For the first year, the Association asked specific questions related to monetary donations from the marijuana industry. In 2015, 7 percent of survey respondents reported receiving a monetary donation from a marijuana business, while 13 percent said a marijuana business approached their organization about a donation, sponsorship or partnership.
In 2016, 61 percent of survey respondents said their organization would consider accepting a donation from a marijuana business.
As the marijuana business expands in Colorado, many nonprofits are weighing the pros and cons of accepting donations from this industry. With the demand for services growing, nonprofits are exploring all options to diversify their sources of revenue."
- Renny Fagan, CEO Colorado Nonprofit Association
The good news is 86 percent of nonprofit professionals surveyed are optimistic about their organizations outlook moving into 2016. Additional challenges nonprofit professionals reported included maintaining and expanding their volunteer base, operating with limited staff resources, rising real estate or rental costs, and reaching or exceeding revenue goals.