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Showing posts with the label growth

Proper Nonprofit Budgeting

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Somewhere in time it became standard practice for nonprofit organizations to plan a balanced budget for their upcoming fiscal year. I don’t know where that came from, but can we please send it back? Ask any small business owner and they will tell you that the bottom line matters. They’re looking to be profitable in their year. They want their budget to indicate sustainability and growth. They’re ok with expenses going up as long as income increases even more. I encourage nonprofit organizations to adopt this mindset as well. How will your nonprofit be able to serve your community next year if you aren’t making money? Your annual budget should be a reflection of your growth plans, your program development , and the increased impact you plan to make in your community. Here are a few examples of things I encourage you to STOP doing to your nonprofit budget: ·         Stop purposely making your income and expenses equal – for two basic reasons. If y...

Is It a 'Working' Board?

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There's a good chance that if the nonprofit you're part of is small in terms of employees, budget, and programming it was set up to have what's known as a 'working' board. And if you don't have any previous experience with small community nonprofit organizations, your only impression of what board membership means may have come from the silver screen. While you may have visions of being chauffeured to prestigious meetings where you state your opinions and cast votes on various matters of import the reality of board service looks very different and somewhat less glamorous, although (hopefully) highly more satisfying on a personal level. If your organization isn't staffed sufficiently to carry out its mission-related programs, AND raise funds, AND take care of all administrative requirements then it's up to the Board of Directors to roll up their sleeves and perform the work of the organization alongside the staff. It's imperative that board members un...

STOP FUNDRAISING FOR YOUR FUNDRAISERS

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And start funding planning for your programs, your overhead, your growth. When I was the Executive Director of a small nonprofit, I can remember feeling like I spent all of my time either fundraising through special events or running the special events. We needed the event to add money to our bank account to keep us afloat until the next special event. Essentially, each event was paying for the overhead and event expenses. It was a vicious (and exhausting) cycle. I’ve been working on two basic things with my clients recently: Proving your value by showing the impact your organization has on its community Raising the funds you need to sustain and grow your nonprofit in a way that allows you to focus on your mission and your programs. By fundraising through events, nonprofits are rarely introducing people to their organization, their mission, their impact and importance. It’s the equivalent of a retail shop having a sale or hosting a pop-up. You may get a bunch of people excite...

Slow Your Roll!

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I spent five years as Executive Director for a small nonprofit organization in Northern Virginia and I constantly felt like I was running behind the 8-ball…and never catching up. It felt as if I could do that job 24/7 and never have any less to do. I was the proverbial chicken running around with its head cut off. And then I started my own company. Foolishly thinking I’d be a better boss than my board. Turns out that 8-ball scenario was all my own doing and that damn thing kept on rolling ahead of me, always just beyond reach. So I stopped running. After a year in business, working seven days a week, at all hours, I sat down (though I have no idea where I found the time) and thought to myself, “I did NOT start a business to run myself into the ground!” And the changes began. It was time to slow my roll. Let someone younger and faster go chasing magic balls. I’ma sit right here and figure out a better way. At that point, a winery was one of my clients and they needed a ton of ...

Scaling the Ship

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  Another new year is staring me right in the face. It’s like a blank canvas just waiting to be colored in. Only, I’m no artist. I’m an entrepreneur. My brushes and paints are ideas, strategies, methods and actions. It’s a whole year to accomplish all the exciting things I’ve been mulling over in my mind the past two months. It’s time to scale this ship! I launched my company in 2015, on April Fools’ Day. Foolish? Maybe, but it’s been a fabulous adventure. As my experience expanded my business evolved from community relations to management consulting to nonprofit management consulting. I’ve cultivated a niche for myself that’s fun and comfortable, fairly unique but in good company with other professionals who are passionate about advancing nonprofit organizations. I love everything about my business. I love the quiet moments alone in my home office; blogging, creating videos, publishing content and resources of value for nonprofit leaders. I love the business networking oppor...

10 Phrases Every ED Can Use

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You’re a nonprofit leader. People are in awe of what you can accomplish; how much you can get done in a day. But are you a manager? Do you ever feel like you’re so mired down in the day-to-day minutiae that you just don’t have time to see the big picture? No time to implement new processes or ideas? Being an Executive Director is a BIG job especially when you’re leading a little organization, one with little to no staff, save for you. And that’s when it’s especially important to operate like a manager; like the CEO that you are. In my experience as a former (“recovering”) Executive Director, our board met once a month and it somehow always turned into an idea mill. By the end of those meetings, board members had scads of new, fabulous ideas. For ME to plan and implement. My to-do list got longer every time they met. Not to mention all the suggestions and ideas I fielded from donors and well-meaning community members. So what’s an ED to do with a to-do list a mile long (and growing) and...

13 Words of Diminishing Returns

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  Have you ever heard the words that come out of your mouth and thought, “Why did I say that? That sounded so dumb.”? Or re-read the email (after you hit send, of course!) and totally criticized yourself for sounding small ? I’m guilty of self-analyzing. A LOT. Really, I spend so much time thinking about the things I say, write, do, and think that I should be paying me for therapy. I’d be rich! I remember one of the members of my board, when I was running a nonprofit organization, telling me to stop using “wimp words”. That’s what he called them. Words and phrases I would use to soften my ideas, cushion my thoughts, or qualify my opinions. I’m still guilty of doing many of these things. However, I’m making an effort to be more intentional with my words and how I use them. I don’t want to sound wimpy. I want to sound like a strong, intelligent, kind, and thoughtful person who has (sometimes) really good ideas, and (always) valid opinions. I’m still learning to stop packing myself in...