[throwaway74432]

"insurmountable challenges." That rules out funding and community engagement, since both of those can be improved. The problem must have been systemic...

[sokoloff]

That doesn’t rule out funding.

A lack of funding that the board does not see a viable avenue to correct in a timeframe relevant to continuing operations is an insurmountable challenge.

[throwaway74432]

You fire people until you can afford the people who are left. It's far from insurmountable. Instead, they chose to fire everyone all at once.

[bombcar]

Usually "insurmountable challenges" means that the Board wants to do X, and the funding isn't there for it, and they shut down.

Even if they could continue doing Y which was what they did years ago before they started doing more things.

But sometimes the organization has gotten too big to reliably downsize again.