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Effects of the COVID-19 Economic Downturn on Central Florida Nonprofits

COVID-19 has had significant impacts on society, both in lifestyle and commerce, especially in Central Florida where the economy is centralized around tourism. While local and state governmental agencies are distributing aid to meet the needs caused by high unemployment, the nonprofit sector mobilized to help fill the gap in assistance by providing resources and services. However prior research into the nonprofit sector finds that prolonged economic downturn may eventually affect the nonprofit force by reduced funding to programs as it did during the 2008 economic recessions. Hence, many nonprofit organizations may be at risk of insolvency in the coming months. Research into organizational survival and capacity-building strategies may solve these problems. Utilizing a sample of 26 nonprofit organizations in the Central Florida area and a web-based survey, this study explores how capacity-building strategies may be correlated with organizational survival. The findings indicate that capacity-building strategies focused on leadership capacity, management and operations capacity, and community engagement capacity may help to increase organizational survival during a pandemic.

Identiferoai:union.ndltd.org:ucf.edu/oai:stars.library.ucf.edu:honorstheses-2146
Date01 January 2021
CreatorsChinwuba, Tiffany C
PublisherSTARS
Source SetsUniversity of Central Florida
LanguageEnglish
Detected LanguageEnglish
Typetext
Formatapplication/pdf
SourceHonors Undergraduate Theses

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