We Are OOMPH!
Every Nonprofit Needs Some OOMPH!
Because we know the dirty little secret is that NONPROFITS ARE HARDER TO RUN THAN FOR-PROFIT BUSINESSES.
Who says that?
Business guru Jim Collins, author of Good to Great: Why Some Companies Make the Leap…And Others Don’t, Aaron Hurst, author of The Purpose Economy, and numerous nonprofit experts.
Here are a few reasons:
• The double bottom line. Nonprofits must fulfill two goals—their missions and financial sustainability.
• HR challenges. Average pay is lower for often more complex job responsibilities.
• Administration complexity. leadership in nonprofits often relies on legislative decision-making and must use persuasion, political currency, and shared interests to create conditions for the right decisions to be made.
• Board awareness. The skillset that made board members successful in the business, legal, medical, accounting, and other sectors don’t readily apply to running a nonprofit.
• Money. Expertise is needed for the numerous and complex revenue streams that support nonprofits. And often, funds are restricted for a specific use.
• Consequences. Sometimes the consequences are life and death.
There are numerous other reasons, but here’s how Catherine (Katie) Chapman, CFRE
Philanthropic/Charitable Consultant sums it up, “Managing a nonprofit provides all of the same risks that starting and managing a business does with additional challenges related to revenue, human relations, and maintaining a dual focus in all operations. Helping other people requires significantly more intelligence and commitment than just a ‘good heart’ and an ability to create a profit.”
Oomph understands what you’re up against and helps you navigate your own unique real-life challenges of shifting nonprofit paradigms and unsecure funding sources.