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Do you feel like earning revenue for your nonprofit or the nonprofit you work with is REALLY difficult? Do you feel like there is NO money left? Are you tired of only going after grants for revenue or approaching the same darn corporate sponsors as every other nonprofit?
These may be signs that your nonprofit, or the one you are working with, may not be healthy when it comes to funding. But the fact is that most nonprofit executive directors, and many boards of directors, don’t have MBAs or know how to operate a business.
Different Types of Revenue Streams for Nonprofits
1. Fees for Services or Goods (Products)
2.Grants
3. Fundraising
4. Corporate Solicitations
5. Individual Charitable Contributions
6. Crowdfunding Campaigns
7. Emerging Social Capital
8. Influencers
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