The onset of the pandemic in the US in March 2020 found nearly half of our work suspended, accompanied by a vast round of staff furloughs among our valued partners, as well as the loss of participants and programs we were studying. But the Knology team was resilient, leveraging the techniques and technologies we developed for remote work prior to the pandemic.

Knology successfully navigated the initial financial turmoil of March 2020. Thanks to the efficient work of our Board of Trustees’ Finance Committee and our finance team, we secured a CARES Act Paycheck Protection Program loan to support a return to full time work within a month of the shut down. Our team also secured funding to research public understanding about the pandemic, using our skills to help in the crisis. As a result of some very nimble work by our staff and supporters, we were also able to rethink our work plans for a new reality, ending 2020 in a sound fiscal position, ready to take on the next wave of financial challenges in the coming years. These final numbers do not reflect the terrifying ups and downs of spring 2020, but the result demonstrates that our organization remains financially stable and has the staff skills and capacity to weather the most violent of tempests to rock our economy.

Photo credit: Petr Sidorov on Unsplash.