• 09/17/2022

Episode 3: How to Turn Around a Nonprofit in Crisis

When Sara Ray Stoelinga became the new President & CEO of Easterseals Serving Chicagoland and Greater Rockford in May 2019, the organization was in financial and organizational crisis. They were more than $22 million in debt with an additional several million dollars in unpaid bills and were barely making payroll. The direction and sustainability of the agency were uncertain. This podcast delves into how Stoelinga — together with the Board of Directors, strong new senior leaders, and essential external partners — righted the ship at the non-profit and the lessons learned along the way on the journey from organizational peril to a future of growth and prosperity.