Let’s assume you’ve run your first program, and your concept is proven – if only through a small, local pilot. So you’re ready to review now, and reflect on these critical questions:
How much are you spending per impact? And could you make the same impact for less – now, before expansion brings economies of scale?
You’ll need to answer with certainty, in order to refine – and optimise – your impact model. However, at this early stage, the answers may be hard to come by…
When early non-profits struggle to see beyond the numbers, two common reasons stand out:
1: Limited capital. Non-profits rarely have the tools or expertise to manage their numbers with the flair of a for-profit business.
2: Priorities. It’s hard to justify investment in finance people and systems, when urgent impact programs are competing for budget.
The upshot being, finance will too often take a back seat. Understandably, perhaps – but not without consequence. Such as:
All of which keeps the cost of impact artificially high. While future impact is at risk, because no-one can produce an evidence-based case for fundraising.
It begs the question, how can you break the cycle…and increase your impact?
You don’t have to be a “natural” numbers person. Anyone with the talent and drive to grow a non-profit can learn a system, and start to make more informed decisions.
All you need is some coaching and guidance, from a finance expert – someone who knows the challenges of the sector, and how to balance the mission with the needs of the business.
It begins with a diagnostic, where we’ll delve into these essentials:
We’ll answer these questions and devise a plan together. Then we’ll check in every month to map your progress, work through challenges and offer added support if you need it. All for a manageable fee.
It can’t be denied – finance mentoring for non-profits is notoriously weak. Mostly, support is nothing more than a brief quarterly meeting, where only the most pressing concerns are given bandwidth. There’s no capacity for tackling the more deep-seated problems.
FOUNDATIONS is more intensive. We’ve designed it to fast-track your financial skills, with a personal development plan that’s built around your knowledge, resources and impact goals – coupled with the precise level of support you’ll require.
So you can achieve in 3-6 months what most would manage in 12.
You should consider the FOUNDATIONS Program if…