Every Nonprofit Dollar Makes A Difference
Can nonprofits reduce costs AND retain their best employees in 2023? Yes - we'll show you how.
Nonprofit organizations are at the heart and soul of so many wonderful missions and have impacted countless numbers of lives. Being able to “make a difference” and “your work really matters” are routinely listed as some of the top reasons for working in such a career. However, nonprofits, by definition, do not exist to make money. So, how do they create the necessary funds to manage their organization?
That’s on top of a longer-term trend that shows that nonprofits are relying more and more on big donors and less on smaller gifts from individual donors
The answer is that nonprofit organizations are at the mercy of their generous donors and recent events have brought financial challenges to seemingly every sector of society. The result is that fewer donors are stepping up and the necessary funds are starting to dry up. One recent Gallup poll indicates that the number of Americans donating to charitable causes has hit a new low. That’s on top of a longer-term trend that shows that nonprofits are relying more and more on big donors and less on smaller gifts from individual donors.
Unfortunately, that is not the only stressor that the nonprofit sector is currently experiencing. Number 1 on the list of why nonprofit employees quit is that they are underpaid. Well, how do you pay someone more money if you have limited resources to begin with?
This is where K2 Advisors Group can help
Imagine a scenario that allows nonprofit organizations to provide benefits that attract the best talent and can pay their employees an amount that justifies all the work that goes into running their operation.
Let's look at a real scenario below from a nonprofit we're working with now.
Costs went down, employee satisfaction went up. Yours can, too.
If your nonprofit needs to make fundraising dollars work harder for your organization AND you need to attract and retain top employees, we can help.
It might sound too good to be true. We actually hear that a lot when we first start talking to a client - they've been burnt before on changes that don't pan out.
The K2 team has years of experience making it actually happen for organizations. We can help it happen for your organization, too. And, we'd love to show you how.