Accounting for Kids

Research Report

Accounting for Kids

The Financial Structure and Fiscal Health of Nonprofit Child and Youth Providers in the Washington, D.C. Metropolitan Region
May 28, 2004

Abstract

Improving the lives of children and youth requires that local nonprofit providers have sound financial structures and maintain good fiscal health. Currently, little is known about the financial well-being of these providers in the Washington, D.C. metro area. This report uses data from the National Center for Charitable Statistics and several grantmakers to analyze the finances of child and youth related nonprofits in 2000 and a panel of nonprofits in 1998 and 2000. The findings reveal that many nonprofits that serve children and youth in the region showed signs of fiscal stress in 2000, one year before the 9/11 attacks on the Pentagon and the World Trade Center that exacerbated the decline in the D.C. regional economy.

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