Annotated bibliography

Annotated Bibliography 

1. Kim, S. (2024). Nonprofit Revenue Strategy and Downside Risk: Applying Portfolio Theory and Extreme Value Theory

Nonprofit and Voluntary Sector Quarterly, 53(4), 948-973

This comprehensive research examines revenue instability in nonprofit organizations through the lens of portfolio theory and extreme value theory. Kim introduces a novel approach to understanding financial vulnerability by focusing on downside risk rather than traditional deviation risk. The study analyzes how nonprofits can mitigate extreme revenue losses through strategic revenue diversification and portfolio management. Key contributions include a detailed exploration of the Herfindahl-Hirschman Index (HHI) and innovative methods for measuring organizational financial risk. The research provides critical insights for nonprofit managers seeking to enhance financial stability and develop more robust revenue strategies.

2. Brock Carlson, E. (2023). "Who Am I Fighting For? Who Am I Accountable To?": Comradeship as a Frame for Nonprofit Community Work

Technical Communication Quarterly, 32(2), 165-180

This article offers a critical examination of nonprofit work through the lens of comradeship, challenging traditional entrepreneurial frameworks. Brock Carlson presents a nuanced approach to community-based work that prioritizes social justice, community needs, and collaborative problem-solving. The study, based on a year-long participatory research project in the Appalachian region, highlights the importance of listening to community voices and rejecting market-driven approaches. The research provides valuable insights into alternative organizational strategies that center human experiences and solidarity over competitive market dynamics.

3. Lim, S., Min, B. H., & Berlan, D. G. (2024). The Nonprofit Role in Building Community Social Capital

Nonprofit and Voluntary Sector Quarterly, 53(1), 210-235

This research explores the critical role of nonprofits in creating social capital through organizational learning and innovation. The authors develop a moderated mediation model demonstrating how nonprofit organizations can build community connections through strategic innovation and shared mission. The study emphasizes the importance of organizational learning, radical innovation, and leadership behaviors in generating social value. It provides a theoretical framework for understanding how nonprofits can effectively contribute to community development beyond traditional economic metrics.

4. McCully, G. (2019). Research and Practice in "Nonprofits" and Philanthropy

Journal of Nonprofit Education and Leadership, 9(3), 217-221

McCully's essay offers a critical perspective on the evolving landscape of nonprofit research and practice. The article highlights the transformative impact of information technology on philanthropic studies, challenging traditional academic approaches. McCully argues for a more integrated "pracademic" approach that bridges academic research with practical nonprofit needs. The piece is particularly valuable for its insights into the changing nature of nonprofit research, emphasizing the need for more responsive and technologically informed approaches to understanding the nonprofit sector.