How Set Up a Non-Profit Organization

Starting a nonprofit may be the most complicated way to act on your passion to serve your community. It requires much planning, time, effort, and money just to start, but the biggest challenge is to develop and maintain reliable income streams. Estimates vary, but most experts agree that less than half of nonprofit startups survive beyond five years. Of those that survive, perhaps one-third are in financial distress.

Build a Solid Foundation

Draft your mission statement. Developing your mission statement is a critical first step. ...
Write a business plan. Just as with a for-profit business, a business plan can help a nonprofit describe how it intends to achieve its mission in more specific details. ...
Develop your board.

Your Instructor

Edna J. White

Edna White is an author, real estate industry leader, presenter & public speaker, life purpose coach and entrepreneur who helps professionals unlock their full potential. The majority of her past & present clients are involved in an extremely high-stress environment such as CEOs, start-up's, authors, and entrepreneurs.She is internationally recognized for her work as an inspiration to all she touches by teaching them to love themselves, speak out and live authentically. Her recognized works include "get unstuck" by breaking generational patterns of traumas to create the life you want and deserve.

A woman of passion, vision, and purpose, Edna speaks to a no-nonsense approach to her message and teaching style. Outspoken, fiery, transparent, truthful, and wise, she is living testament to the value of "if you do the work, your life’s hardships can be transformed into victories."

Course Curriculum

First Section

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How to Run A Successful Non-Profit w/o Grant Writing Coupon Discount

Hw to position it with the mission and the community goals.

Hey, for years I worked in a non profit organization as the chairperson and I learned ways to get donations, sponsors and items to help your organization.

You know, you have a great service but you just don't know how to position it with the mission and the community goals.

Grants are just one piece of the puzzle when it comes to nonprofit growth.

Individual giving has been proven to be a more sustainable way to raise money for your mission.

Are you utilizing this?

Let's learn to get sponsorships that are not just not money!

One way of starting a nonprofit without money is by using a fiscal sponsorship. A fiscal sponsor is an already existing 501(c)(3) corporation that will take a new organization “under its wing" while the new company starts up.

The sponsored organization (you) does not need to be a formal corporation. It can be in any state of organization, but this relationship is primarily for start-ups that have little to no financial resources at the beginning.

The sponsored organization is basically "borrowing" the fiscal sponsor's tax-exempt status. The agreement, which attorneys should put in writing, can provide back-office functions, meeting space, advice, and any budgetary functions up to and including fundraising and even loans.

The sponsored organization can be of any size and be in business for any length of time. Fiscal sponsorship is perfect for short-term projects.

Because fiscal sponsorship utilizes tax-exempt status in the place of the sponsored organization, and because the sponsor handles all the money, the sponsor is taking some risk. You need to have a good business plan and concrete steps to reach your goals before approaching a potential sponsor. If successful, this can be a great way to get a nonprofit off the ground with little or no money.

One mistake non profits make is not realizing it is a business and should be run without emotions.

Non profit is only a filing status with the IRS.

You still have to pay some taxes, complete tax returns and conduct progressive business to pay yourself staff and fund programs.

The Problem: Grant writing is a time and resource consuming activity that saps nonprofit productive capacity.

Why it Happens: Nonprofits rely on grants as the single revenue source to fully fund their operations.

The Solution: Diversity funding streams by fully integrating all services offered into a closed loop nonprofit funding model