Why do most nonprofits stay small and never reach financial sustainability?
Too many people ask…how can I get more money from major donors?
Let’s flip that and ask the opposite question…
Why do most organizations stay small and never reach financial sustainability?
A quick list off the top of my head:
🫚Goals and budgets are created in the scarcity zone based on what’s committed or just a little bit more than last year.
🫚Donors don’t understand the true problem the organization solves and their role in it - the case for support is a brochure vs. a strategic asset.
🫚Fundraising plans are lists of activities that are not rooted in a High-ROI Model (Hours aligned with dollars)
🫚Fundraising teams are spending too much time on administrative tasks and transactions.
🫚Donors don’t understand the orgs financial need because teams haven’t been properly trained to host investment-level conversations or solicit donors.
🫚Boards are either dis-engaged or too engaged [both handcuff the leader].
One more thing…
[A note about financial sustainability] In my world, financial sustainability looks like being less dependent on government/project-based funds, having a 6-9 month reserve in the bank, not tapping into a line of credit every year, and your team knowing how to attract and secure mostly unrestricted dollars.
Whenever you’re ready, here are THREE things you can do next:
👣 Follow me on LinkedIn where I share the same lessons I teach my clients about attracting larger gen-ops dollars and adding 7-figures + to their bottom line.
🍎 Read my GUIDE! THE TRUTH ABOUT GIVE/GETS :: Top 5 Reasons Your Board’s Give/Get Is Leaving Thousands (Sometimes Millions) on the Table. See how limiting board members to the Give/Get model restricts gifts and keeps your staff from reaching their full fundraising potential. Here to get it.
📈 Work with me to scale your org's revenue by 2-5X and fund your organization’s Strategic Plan // If you’re a business-minded CEO already raising MILLIONS but need to diversify revenue and secure more general-operating dollars to invest in growth, you can apply to work with me here.