Why do nonprofits merge or not? A good Chicago Tribune article essentially notes that getting way behind in meeting payables thanks to extensive State delays in payments. And the big reasons for no-gos for a merger: boards and/or the presence of two execs who just aren't ready or willing or.....
This of course really simplifies the world of mergers but the rest of the article about the effort by the Chicago Community Trust to make mergers happen is worth a read.