Most community organizations are “non-profit” organizations.

That might be the biggest reason why many “non-profit” organization struggle financially.

“Non-profit” doesn’t mean that the organization should not strive to be profitable.

Quiet the opposite, the most successful non-profit organizations have solid rituals for making sure that their finances are in order.

Hence it’s important to setup tools and programs that stimulate a healthy cashflow.

Cashflow comes from a variety of sources, which may include:

  1. Donors
    • Donations from Members
    • Donations from Large Donors & Matching Donors
    • Corporate Donations
  2. Government Funding Programs
  3. Sponsorships
  4. Facility Rentals
  5. Community Services
  6. Events & Programs

Let’s explore each of these sources of funding.