7 Habits of a Poor Nonprofit

I am determined to help as many nonprofits as possible understand and practice profitability. Non-profits should and must become financially strong. The first step is to get rid of the poverty mentality – a practice that keeps many nonprofits from growing, thriving and serving their communities well.

Here is a test of 7 steps to evaluate whether your nonprofit has a poverty mentality?

1. Your executive director or nonprofit leader is either not paid or under paid for the work he or she does or is expected to do?
2. 80% or greater of your staff is made up of volunteers to perform services for your nonprofit?
3. Your nonprofit has served the same amount of clients or is serving less clients annually for the past 3 years or more?
4. Your nonprofit leader or board members often use the following negotiating statement (or a similar statement) when discussing money with staff, potential staff, vendors or consultants: “We are a nonprofit and don’t have much money, so we can’t afford…”?
5. Your nonprofit doesn’t have a fundraising plan and the number one reason, is it costs money to develop one?
6. Your nonprofit has a strategic plan that doesn’t include a cost projection or revenue raising plan to fund the plan?
7. Your nonprofit finds itself unable to pay its bills or struggles to pay its bills at least six months out of the year?

If you answered 4 or more of these questions with a yes answer, then your nonprofit may be suffering from a poverty mentality and it’s time for a change.

You are not alone and this issue impacts thousands of nonprofits every day. The good news is, you can make the shift into a profitability mentality!

Join our free teleconference on June 2nd and listen in on a few critical steps your nonprofit can take to become financially strong and stable. Register at: https://getridofthepovertymentality.eventbrite.com