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Funding Your Mission: 4 Nonprofit Financial Management Tips

NXUnite

Your team likely plans and launches multiple fundraisers throughout each year to bring in enough revenue to fund the various initiatives associated with furthering your mission. Let’s break down the two sides of an operating budget—revenue and expenses—in more detail.

Tips 130
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How to Get Your Association to Support Staff’s Professional Development

WBT Systems

Tie these goals back to: Members and learners: how will your new skills/knowledge improve their membership or learning experience? Your team/department: how will it help your department meet its goals? The bottom line: how will it increase revenue growth or cost savings? Expand program capabilities and increase revenue.

How To 160
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Feeling stuck? Moving on is actually quite simple

Association Success

Over the first 10 years of creating his business, Rod’s company quickly reached $2 million in revenue, only to stall there for almost 8 years. . As we watched our dogs tirelessly play tug-of-war one day, Rod lamented his company’s lackluster revenue performance as well as the weighty complexity of his business. He was stuck.

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Nonmember Fees: A Not-So-Simple Decision

Associations Now

The right nonmember price for association products boosts revenue, makes membership more appealing, and steers clear of antitrust concerns. “How much more should an association charge nonmembers for products than it does for members?” It’s just a number, but it’s so much more. And commonplace, too.

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Long Live Your Education Sessions: How To Repurpose, Reuse and Recoup Meeting Costs

Tom Morrison

All of the above are pieces to a new revenue model called, “Repurpose, Repackage, Reuse,” to selling knowledge to your members. Let me give you an example of how this looks in the real world. Our association had a five module course that included a thick 3-ring bound Instructor’s Guide, five student handbooks and written tests.

Cost 40
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Association Brain Food Weekly: 11.10.17

Reid All About it

Connect with fellow Component/Chapter Relations Professionals (CRPs) to network and discuss current chapter challenges, such as how to measure and increase the health of chapters; best practices for chapter operations (volunteer tools, processes, etc.); Taming the Lion: How to Train Your Board (Washington DC Idea Swap). 1 CAE credit.

DC 150
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Association Brain Food: 9.23.22

Reid All About it

At Harvard Business Review, Marc Zao-Sanders says the capability and much of the value of a company is a function of the collective skills of its workforce, which is why you need to know how to identify lifelong learners when you’re hiring. Learn how to tackle big problems members face and create something radically new. CAE credit.