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008 | 100517s2009 xx ||||gr |0|| 0 eng d | ||
100 | 1 |
_aCARROLL, Deborah A _929974 |
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245 | 1 | 0 |
_aRevenue diversification in nonprofit organizations : _bdoes it lead to financial stability? |
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_aCary : _bOxford University, _coct. 2009 |
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520 | 3 | _aThis article investigates whether revenue diversification leads to greater stability in the revenue structures of nonprofit organizations. Our findings suggest that nonprofits can indeed reduce their revenue volatility through diversification, particularly by equalizing their reliance on earned income, investments, and contributions. This positive effect of diversification on revenue stability implies that a diversified portfolio encourages more stable revenues and consequently could promote greater organizational longevity. Despite any additional complexity or crowding out, nonprofit managers may increase the financial stability of their organizations by adding additional revenue streams. However, our analysis also reveals several other important factors that contribute to nonprofit revenue stability. In particular, increasing a nonprofit organization's total expenses and fund balance reduces volatility, suggesting larger nonprofits and organizations with greater growth potential experience greater revenue stability. Finally, the results suggest nonprofits relying primarily on contributions will experience more volatility, whereas nonprofits located within urban areas will have more stable revenue structures over time | |
700 | 1 |
_aSTATER, Keely Jones _940140 |
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773 | 0 | 8 |
_tJournal of Public Administration Research and Theory _g19, 4, p. 947-966 _dCary : Oxford University, oct. 2009 _xISSN 10531858 _w |
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_a20100517 _b1753^b _cDaiane |
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_a20120517 _b1357^b _cGeisneer |
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_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c33178 _d33178 |
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041 | _aeng |