For every nonprofit there are revenue opportunities were there are potential. Maybe, there has been a steady increase in your corporate partnership numbers or you’ve thought of a fundraising event you think would be a success or it’s time to start an annual fund to pave the way to major gifts. Whatever it is, undoubtedly, there are ways to grow revenue your organization is likely not putting the time in to to see a return.
Probably the #1 roadblock on your path to exploring these revenue streams is manpower. It takes focus and follow through to create or grow new programs. Nonprofit leaders often defer to their current staff and fundraisers to pilot these initiatives creating challenges:
Burn out
Your current team is likely tapped. If we were to guess, every one of your staff members is at capacity or almost so. While organizationally there can be improvements made and ways everyone can become more efficient - pushing these programs on an employee’s plate is not going to be the answer you’re looking for. Nonprofit burn out is real and it starts when leadership overwhelms their staff with “just one more thing”.
Time
So you make the decision to give this project to your top fundraising performer. They are a total rockstar. No doubt in your mind they will get it done. Here’s the thing - no matter what there are 24 hours a day and 7 days in a week. Anything extra you put on one person is time they will be spending away from their current donors or projects. Furthermore, you will likely never know the potential of a new initiative by giving it to an already tapped out staff person, because they will not be able to give the time necessary to really give it a shot.