You can take your nonprofit to Get Fully Funded status, too.
It takes some work to follow the Get Fully Funded principles, and it’s totally worth it.
When you have a fully funded budget,
- Bills are paid on time, every time
- You have a full staff to deliver programs
- You have a reserve – money in the bank for emergencies
- Programs are open to new participants – there’s no waiting list
- You make decisions based on mission and vision, not the checking balance
It’s a fun place to be!
How do I know? I’ve been there several times myself as a Development Director, and I’ve helped lots of nonprofits get there as their coach.
Over the years, I’ve noticed a distinct difference between underfunded and fully funded nonprofits. The fully funded ones are willing to do the work. They’re willing to let go of things that aren’t working. They’re willing to try something new.
To get fully funded and have a fully funded budget, you have to work smart and focus on the right things. Being busy doesn’t cut it. You have to be busy doing the right things.
Are you ready to up your game and become a fully funded nonprofit?
Take this quiz and see how you’re doing. Simply mark the activities that you’ve done in the past 30 days to give you an idea of where you have room to grow.
In the last 30 days, have you
- Given donors and prospects an update on how your programs are changing lives?
So, how’d you do?
If you don’t have very many check marks, don’t worry – you’re not alone. Most nonprofits have a lot of room for improvement.
The important thing is that you decide to make it better. Mark this date on the calendar and choose to make it different going forward.
Remember this: you can’t do all this stuff overnight. Pick ONE THING that will make the biggest difference in moving you forward, and do it. When that one is done, go to the next thing with the biggest ROI and do it. If you can do one a week or so, you’ll see improvement pretty fast.
And you’ll be on your way to the world of Get Fully Funded.