Nonprofit Business Model Series: Part 1 - Introduction
September 20th, 2018
2:00-3:00 PM EST
Speaker: Jeanne Bell, Nonprofit Quarterly
Nonprofit financial models are, in general, different from for-profit models in a number of ways. It just makes sense to all involved for basic business models of this important sector to be understood before someone takes the helm of an organization.
In fact, there are a limited number of core revenue types across nonprofit business models and each comes complete with its own sets of risks, skills, internal infrastructure requirements, and monitoring needs.
Until now, these models have not been clearly laid out to those who must manage them. If anything, they have been learned on the job—too often through trial and error, but also, in the best situations, from accountants who make mentoring organizational leaders and boards part of their jobs. In this introductory session, NPQ's Jeanne Bell will walk you through these business models and what the series will entail.
“I’m excited to have more tools and clearer language for helping nonprofit leaders think about their business models---especially for the many who do not think in those terms.” -Nonprofit Consultant/Trainer
Each 90-minute session in the series explores the unique qualities and nuances of the core funding type in a nonprofit business model:
- DYNAMICS: key definitions and structural realities of the funding type.
- CAPITAL: how the funding type draws on and contributes to various forms of organizational capital.
- INFRASTRUCTURE: what staffing, systems, and other forms of organizational infrastructure are essential to managing this funding type well.
- LEADERSHIP: the skills and mindsets necessary among executive leadership and board members to develop and sustain this kind of funding.
- CULTURE: the impact on organizational culture when this funding type is one of an organization's primary funding streams.
- METRICS: typical ways of measuring and reporting on effectiveness with this funding type.
- DIVERSIFICATION: how to think about evolving an organization's business model to include this funding type.
More from this Series
Nonprofit Business Model Series: Part 2 - The Government Contracted Nonprofit
Nonprofit Business Model Series: Part 3 - The Foundation Funded Nonprofit