Most nonprofits are looking to expand their funding sources as their organization grows. But the big questions are, “What’s the best way to secure funding,” and, “Are you prepared for the complexities of reporting and compliance?”
In our most recent research study, “Nonprofit Finance Study: Managing Growth,” we dug into organization’s plans for growth – too much can overwhelm an organization and cause detrimental effects, such as delays in delivering on the mission. Haven’t read the study yet? You can read the in-depth report, download the overview infographic, and view videos from the authors here.
For a deeper dive into the types of funds and the challenges organizations are planning for in the near future, you can download the infographic,“Nonprofits’ Growing Dependence on Grant Funding,” to discover how your peers are growing and what their plans are to secure funds, including:
- Breakdown of revenue sources for nonprofits
- How many organizations are seeking new opportunities for grant funding in the next 12 to 18 months
- What level of confidence organizations have that they’ll receive needed grant funding next year
- Average number of grants received
If you aren’t sure what you need to do to prepare for the additional reporting and compliance requirements that come with growth, join us for our upcoming webinar, “Growing Strategically: How to Manage New Revenue Streams and Reporting Requirements,” as we focus on the impact of expanding into new revenue streams and preparation for more complex reporting on Wednesday, August 30, 2017 at 12 p.m. CT.