Fast Facts Series, No. 1
In order for child-related nonprofits to provide effective services, they must have sound financial structures and maintain good fiscal health. Currently, little is known about the financial well-being of nonprofits that serve children in the Washington, D.C. metropolitan region. This document, which is the first in a series of "fast facts" on child-related nonprofits in the D.C. area, summarizes the major findings of the report entitled, "Accounting for Kids: The Financial Structure and Fiscal Health of Nonprofit Child and Youth Providers in the Washington, D.C. Metropolitan Region." It reveals that many of these nonprofits 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.