How to handle the money (nonprofit)

Oddly enough, non profits run very much like “for profits” with one notable exception:

💰 The “profit” (yes, 501c3 entities should “gain” money each month) doesn’t go to shareholders, it rolls back into ministry.

(As a result, non profits complete different tax forms, etc…)

🤔

So, in this post we walk through a similar financial framework as we did for “for profit” organizations (see the previous post).

And, we highlight five commonalities between the two…

👇

Find your groove, get a plan, and “build it like the ant.”

🐜🐜🐜🐜🐜

Proverbs 30:24-28,

24 Four things on earth are small,
    yet they are extremely wise:
25 Ants are creatures of little strength,
    yet they store up their food in the summer;
26 hyraxes are creatures of little power,
    yet they make their home in the crags;
27 locusts have no king,
    yet they advance together in ranks;
28 a lizard can be caught with the hand,
    yet it is found in kings’ palaces.

Notice verse 24– they are small, yet continue… and then have WAY MORE than enough…

In like manner, start where you are, with the goal in mind…

🐜🐜🐜🐜🐜

It’s easy, especially in the beginning, to get overwhelmed with how far you want things to go. However, remember that the time will pass anyway.

Whether or not you choose to intentionally do something with it or not is entirely up to you.

Make the most of it and leverage the time while you do the great work you are doing….

__________

Notes & next steps

Access the complete “How to Get Paid for What You Know” course at https://www.amplifyonline.info/HTGP 

Not ready for the full course? Claim your free paperback, Process Over Permission, at www.AmplifyOnline.info/process 

Need more help in the nonprofit space? Look at our grant writing course at www.AmplifyOnline.info/GMM 

See LifeLift, the nonprofit mentioned in the intro— www.LifeLift.online