Annals of the Obvious

News flash! The recession is still kicking nonprofits' asses. 

The percentage of nonprofits that have resorted to layoffs, broad-based programmatic reductions, and reserve draw-downs has increased measurably.

Really, this is what counts as news? Where ya been, buddy? For months, analysts have been saying that the crappy economy would have a slow ripple effect on nonprofits. Even though for-profits were suffering a year ago, grants to nonprofits had already been funded. (Nothing's worse for corporate image than retracting a grant...) It was the next funding cycle -- right now -- where 501c3s would take a hit. 

And it's happened. The Bridgespan study says that, as a result,  6 out of 10 nonprofits now have contingency plans. In other words, the glass is 60% full with what-ifs for the next great recession. If only we could add some vitamins to that water...