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1 - Get over your money issues
“Infinite Underpants”
by Rebecca Fine
• "Do you think underpants
grow on trees?"
• “Underpants can't buy
happiness."
• "No matter how hard I try
or what I do, I just NEVER
have enough underpants."
2 - Know where money is going
• Track everything
• If necessary, get an
audit
3 - Think like a business owner
• Nonprofit does not mean
no money
• Business smarts can
make the difference
between continuing and
shutting down
• Understand overhead
4 - Take care of your stuff
• Don’t replace;
maintain instead
• Read manuals
• Create a maintenance
checklist
5 - Freecycle and upcycle
• Be creative with what
you have
• Craigslist and Freecycle
lists can be sources of
freebies
• Take advantage of
“weird” donated items

http://www.aspcapro.org/blog/2013/01/wordless-wednesday-105/
6 - Shop around
• Particularly for pet meds
and supplies
• Try to shop locally when
you can, but know that
sometimes online prices
are better
• Get prescriptions from
your vet so you can fill
online
7 - Work with the vet community
• Work with vet schools
• Get interns
• Ask for deals, payment
plans
• Vets are NOT the enemy!
• Be professional
8 - Conserve energy
• Turn of items not in use
• Watch out for “ghost”
drains on power
9 - Use volunteer labor wisely
• Know what volunteers
are doing
• Know what they are
capable of doing
• Try giving volunteers
more responsibility
10 - Get creative with design
• Do black and white
promos vs. color
• Take money-saving
advice from printers
(“gang runs”)
• Use the right printer
for the project
11 - Haunt thrift stores
• If you have a thrift store or
EBay shop and get
donations, pay attention to
what comes in
• Visit other thrift stores for
items you can use
12 - Get animals adopted fast
• Every day an animal is in
rescue costs money
• Run adoption promotions
• Do off-site adoptions
• Don’t end up with “forever
fosters” that never get
exposure
13 - Partner with businesses
• Share costs with co-op
accounts
• Share PR opportunities
• Bring together people that
normally wouldn’t know
your organization exists
14 - Make things
• Grow catnip/cat grass
• Create your own nontoxic
cleaning supplies
• Make cat/dog toys
• Sell crafts
• Find “crafty” people to
help (quilt guilds)
15 - Use pros in training
• Grooming school students
• Journalism student interns
• Talk to design instructors
about special projects
16 - Barter and swap
• Check out Craigslist
• What do you have?
• What do other people
want?
17 - Try "gleaning"
• Usable food and supplies
that stores have to throw
away
• Broken bags of dog food
• Ask around
18 - Shop for insurance
• Get new quotes every
year or so
• Insurance can be an
expensive line item in
your budget!
19 - Ask friends and donors
• You don’t get what you
don’t ask for
• If you need something
specific, send a letter or
email to supporters
• You never know who has
connections
20 - Shop off season
• Plan ahead for supplies
for fundraisers
• For example, after
Christmas stock up on
discounted items for a
SantaPaws event
21 - Cut your debt
• Interest costs a lot over
time
• Never assume “things
will be better later”
• Scrimp and save to
remove debt overhead
22 - Pay your bills on time
• It should be obvious,
but isn’t
• Paying late incurs extra
charges
• Give yourself an
allowance and stick to it
• When money is gone,
it’s gone

Don’t stick your head in the
sand about bills!
23 - Don't take "just one more"
• Every animal incurs
costs
• Know what you can
handle and what you
can’t
• Spend less than you earn
• Earn more than you
spend
24 - Look for hidden fees
• Go through bank
statements
• Make sure you know
what every charge is for
• Look for “mysterious”
fees and charges
25 - Get pro-bono help
• Lawyers, accountants,
graphic artists sometimes
will do pro-bono work, so
ask!
• Sometimes newbies want
to enhance their portfolio
(writing/design)
26 - Try crowd sourcing projects
• For a big initiative or
project, try doing a
specific ask
• Consider online sites
like Kickstarter and
Greenfunder
27 - Mail at the nonprofit rate
• If you are a 501c3, you
can mail at a lower rate
• It’s free to get approved
• Takes time for approval
28 - Eliminate printing
• Where can you cut printing
costs?
• Print newsletter? What
about email?
• How many of your
supporters are online?
29 - Use free online tools
• Online software
• Google docs, blogging tools,
analytics, social media

• Open source software
• Photos (Gimp)
• Audio (Audacity)
• Office software (Open Office)
30 - Solicit in-kind contributions
• Create wish lists – include
in web site and
newsletters
• Ask for what you want,
so you don’t get what you
don’t want
• Sell or upcycle items that
you can’t use directly
31 - Network and share
• Networking is free
• Collaboration can cut costs
• Share services
(webmasters, copywriters)
• Share facilities (office
space, equipment,
supplies)
32 - Simplify events
• Cut spending on events
and galas
• Consider simpler, lowercost events
• “Because we’ve always
done it that way” is not a
good reason to continue
33 - Hold contests
• Contests can be
incorporated into
fundraising projects.
• For example a photo contest
for a calendar you sell

• People love contests!
34 - Save time
• Time is money
• Where do you waste time?
• Make meetings matter
(Or can you eliminate the
meeting entirely?)
• Have an agenda
35 - Avoid “people problems”
• Rescues are often
destroyed by people
problems
• Huge emotional time sink
• Hire slowly
• Fire quickly
36 - Learn how to use your tools
• This is not 1989 “I’m not
good with computers”
doesn’t cut it anymore
• Take classes
• Learn shortcuts
• Be efficient
37 - Have a buffer
• Put money aside for bad
times. They will happen
• Prepare now for future
shortfalls
• Run “what if” scenarios
(“what if the shelter
burned down?”)
38 - Understand cash flow
• Don’t spend all the
money from the big
yearly fundraiser
• Know the difference
between ongoing vs.
episodic funding
(ongoing=annual fund;
episodic=grants/events)

90
80
70
60
50
40
30
20
10
0

1st Qtr

2nd Qtr

3rd Qtr

4th Qtr
39 – Brainstorm income ideas
• Look at easy low-cost
ideas from Funds to the
Rescue
• Look at the ROI (return on
investment) of everything
• Even if you make a lot of
money on an event, you
may not make a lot of
PROFIT
40 - Diversify revenue
• Don’t rely on one big
event or one big donor
• Putting all your eggs in
one basket can be risky
• Times change; people
change. What worked
before may not work now
41 - Focus on your mission
• Rescues are weakened
when they stray from their
primary mission
• Don’t be distracted by
non-mission activities
42 - Consider outsourcing
• Save time/money by
outsourcing things you
don’t do well
• Outsource HR, payroll,
admin, taxes
• Time is money
43 - Ponder merging
• Merge with a similar or
complementary
organization
• If you’re at risk of shutting
down, it may be the best
option
• One bigger org can be
more effective than two
competing small ones
44 - Negotiate everything
• Always ask for
nonprofit rate
• Almost everything is
negotiable
• You never know unless
you ask
45 – Maximize your board
• Have a “working board”
• Board should help raise
and save money
• Take advantage of their
contacts for donations,
sponsors
46 - Try low-cost marketing
• Letters to the editor
• Guest columns
• PR is free; writing press
releases is easy
• Small local newspapers are
desperate for “feel good”
stories
47 - Retain your people
• Keep volunteers and staff
happy
• Training new people is
expensive
• Long-term employees have
valuable knowledge
48 - Cultivate existing donors
• It’s easier to cultivate
existing donors than to
find new ones
• Let them know you
appreciate and need them
• Tell stories that touch their
hearts
• Always say thank you
49 - Stay in touch
• Don’t forget about lapsed
donors
• Don’t delete them off your
list!
• Give them free ways to
stay in touch (newsletter,
Facebook)
50 - Look for thriving biz
• Some businesses are
recession proof
• Look for money where
other orgs are not
• Keep up with the business
press to spot companies
doing well (for example, in
our town a microbrewery
is doing great)
51 - Reexamine projects
• Now may not be the right
time for big capital project
• For example: New building
may be great, but not feasible
right now

• Big projects can distract
from your primary focus
52 - Speak to spread the word
• Speaking to civic clubs is
free
• Talk on topics business
people are interested in
(leadership, finding good
help, partnering with
nonprofits)
• Don’t just beg for money;
provide useful information
53 - Get free PR
• Negotiate with radio
stations for PSAs/event
promos
• Consider non-peak times
• Some time-slots may not
cost anything
54 - Participate in events
• Piggyback on someone
else’s event instead of
doing your own
• Have booths at community
events
• Demonstrations, puzzles,
fun activities
55 - Maximize your website
• Do you have a donate
button?
• Can people sign up for
your newsletter?
• Do you have a wish list?
• Is the site easy to read?
• Can people tell what you
actually do?
56 - Renegotiate with creditors
• If you’re desperate and
may have to close down,
talk to creditors
• Some may be willing to
accept as little as 40-60
cents on the dollar
• They know some money is
better than no money
57 - Be creative!
• This is the MOST
important tip!
• Know where you money is
going, look at the things
that cost the most
• Find creative ways to
lower or eliminate those
costs
Now You…
• Questions? Thoughts?
• Where are you
spending money?
• What can you get
for free?
• Where can you
reduce spending?

BRAINSTORM!
Thank you for attending!
For more information,
visit our sites:
• Logical Expressions, Inc:
www.LogicalExpressions.com
• NAPRP:
www.NAPRP.com
• Pet-related articles:
www.pet-tails.com

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Rolling in the dough funding your organization daffron1

  • 1.
  • 2. 1 - Get over your money issues “Infinite Underpants” by Rebecca Fine • "Do you think underpants grow on trees?" • “Underpants can't buy happiness." • "No matter how hard I try or what I do, I just NEVER have enough underpants."
  • 3. 2 - Know where money is going • Track everything • If necessary, get an audit
  • 4. 3 - Think like a business owner • Nonprofit does not mean no money • Business smarts can make the difference between continuing and shutting down • Understand overhead
  • 5. 4 - Take care of your stuff • Don’t replace; maintain instead • Read manuals • Create a maintenance checklist
  • 6. 5 - Freecycle and upcycle • Be creative with what you have • Craigslist and Freecycle lists can be sources of freebies • Take advantage of “weird” donated items http://www.aspcapro.org/blog/2013/01/wordless-wednesday-105/
  • 7. 6 - Shop around • Particularly for pet meds and supplies • Try to shop locally when you can, but know that sometimes online prices are better • Get prescriptions from your vet so you can fill online
  • 8. 7 - Work with the vet community • Work with vet schools • Get interns • Ask for deals, payment plans • Vets are NOT the enemy! • Be professional
  • 9. 8 - Conserve energy • Turn of items not in use • Watch out for “ghost” drains on power
  • 10. 9 - Use volunteer labor wisely • Know what volunteers are doing • Know what they are capable of doing • Try giving volunteers more responsibility
  • 11. 10 - Get creative with design • Do black and white promos vs. color • Take money-saving advice from printers (“gang runs”) • Use the right printer for the project
  • 12. 11 - Haunt thrift stores • If you have a thrift store or EBay shop and get donations, pay attention to what comes in • Visit other thrift stores for items you can use
  • 13. 12 - Get animals adopted fast • Every day an animal is in rescue costs money • Run adoption promotions • Do off-site adoptions • Don’t end up with “forever fosters” that never get exposure
  • 14. 13 - Partner with businesses • Share costs with co-op accounts • Share PR opportunities • Bring together people that normally wouldn’t know your organization exists
  • 15. 14 - Make things • Grow catnip/cat grass • Create your own nontoxic cleaning supplies • Make cat/dog toys • Sell crafts • Find “crafty” people to help (quilt guilds)
  • 16. 15 - Use pros in training • Grooming school students • Journalism student interns • Talk to design instructors about special projects
  • 17. 16 - Barter and swap • Check out Craigslist • What do you have? • What do other people want?
  • 18. 17 - Try "gleaning" • Usable food and supplies that stores have to throw away • Broken bags of dog food • Ask around
  • 19. 18 - Shop for insurance • Get new quotes every year or so • Insurance can be an expensive line item in your budget!
  • 20. 19 - Ask friends and donors • You don’t get what you don’t ask for • If you need something specific, send a letter or email to supporters • You never know who has connections
  • 21. 20 - Shop off season • Plan ahead for supplies for fundraisers • For example, after Christmas stock up on discounted items for a SantaPaws event
  • 22. 21 - Cut your debt • Interest costs a lot over time • Never assume “things will be better later” • Scrimp and save to remove debt overhead
  • 23. 22 - Pay your bills on time • It should be obvious, but isn’t • Paying late incurs extra charges • Give yourself an allowance and stick to it • When money is gone, it’s gone Don’t stick your head in the sand about bills!
  • 24. 23 - Don't take "just one more" • Every animal incurs costs • Know what you can handle and what you can’t • Spend less than you earn • Earn more than you spend
  • 25. 24 - Look for hidden fees • Go through bank statements • Make sure you know what every charge is for • Look for “mysterious” fees and charges
  • 26. 25 - Get pro-bono help • Lawyers, accountants, graphic artists sometimes will do pro-bono work, so ask! • Sometimes newbies want to enhance their portfolio (writing/design)
  • 27. 26 - Try crowd sourcing projects • For a big initiative or project, try doing a specific ask • Consider online sites like Kickstarter and Greenfunder
  • 28. 27 - Mail at the nonprofit rate • If you are a 501c3, you can mail at a lower rate • It’s free to get approved • Takes time for approval
  • 29. 28 - Eliminate printing • Where can you cut printing costs? • Print newsletter? What about email? • How many of your supporters are online?
  • 30. 29 - Use free online tools • Online software • Google docs, blogging tools, analytics, social media • Open source software • Photos (Gimp) • Audio (Audacity) • Office software (Open Office)
  • 31. 30 - Solicit in-kind contributions • Create wish lists – include in web site and newsletters • Ask for what you want, so you don’t get what you don’t want • Sell or upcycle items that you can’t use directly
  • 32. 31 - Network and share • Networking is free • Collaboration can cut costs • Share services (webmasters, copywriters) • Share facilities (office space, equipment, supplies)
  • 33. 32 - Simplify events • Cut spending on events and galas • Consider simpler, lowercost events • “Because we’ve always done it that way” is not a good reason to continue
  • 34. 33 - Hold contests • Contests can be incorporated into fundraising projects. • For example a photo contest for a calendar you sell • People love contests!
  • 35. 34 - Save time • Time is money • Where do you waste time? • Make meetings matter (Or can you eliminate the meeting entirely?) • Have an agenda
  • 36. 35 - Avoid “people problems” • Rescues are often destroyed by people problems • Huge emotional time sink • Hire slowly • Fire quickly
  • 37. 36 - Learn how to use your tools • This is not 1989 “I’m not good with computers” doesn’t cut it anymore • Take classes • Learn shortcuts • Be efficient
  • 38. 37 - Have a buffer • Put money aside for bad times. They will happen • Prepare now for future shortfalls • Run “what if” scenarios (“what if the shelter burned down?”)
  • 39. 38 - Understand cash flow • Don’t spend all the money from the big yearly fundraiser • Know the difference between ongoing vs. episodic funding (ongoing=annual fund; episodic=grants/events) 90 80 70 60 50 40 30 20 10 0 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
  • 40. 39 – Brainstorm income ideas • Look at easy low-cost ideas from Funds to the Rescue • Look at the ROI (return on investment) of everything • Even if you make a lot of money on an event, you may not make a lot of PROFIT
  • 41. 40 - Diversify revenue • Don’t rely on one big event or one big donor • Putting all your eggs in one basket can be risky • Times change; people change. What worked before may not work now
  • 42. 41 - Focus on your mission • Rescues are weakened when they stray from their primary mission • Don’t be distracted by non-mission activities
  • 43. 42 - Consider outsourcing • Save time/money by outsourcing things you don’t do well • Outsource HR, payroll, admin, taxes • Time is money
  • 44. 43 - Ponder merging • Merge with a similar or complementary organization • If you’re at risk of shutting down, it may be the best option • One bigger org can be more effective than two competing small ones
  • 45. 44 - Negotiate everything • Always ask for nonprofit rate • Almost everything is negotiable • You never know unless you ask
  • 46. 45 – Maximize your board • Have a “working board” • Board should help raise and save money • Take advantage of their contacts for donations, sponsors
  • 47. 46 - Try low-cost marketing • Letters to the editor • Guest columns • PR is free; writing press releases is easy • Small local newspapers are desperate for “feel good” stories
  • 48. 47 - Retain your people • Keep volunteers and staff happy • Training new people is expensive • Long-term employees have valuable knowledge
  • 49. 48 - Cultivate existing donors • It’s easier to cultivate existing donors than to find new ones • Let them know you appreciate and need them • Tell stories that touch their hearts • Always say thank you
  • 50. 49 - Stay in touch • Don’t forget about lapsed donors • Don’t delete them off your list! • Give them free ways to stay in touch (newsletter, Facebook)
  • 51. 50 - Look for thriving biz • Some businesses are recession proof • Look for money where other orgs are not • Keep up with the business press to spot companies doing well (for example, in our town a microbrewery is doing great)
  • 52. 51 - Reexamine projects • Now may not be the right time for big capital project • For example: New building may be great, but not feasible right now • Big projects can distract from your primary focus
  • 53. 52 - Speak to spread the word • Speaking to civic clubs is free • Talk on topics business people are interested in (leadership, finding good help, partnering with nonprofits) • Don’t just beg for money; provide useful information
  • 54. 53 - Get free PR • Negotiate with radio stations for PSAs/event promos • Consider non-peak times • Some time-slots may not cost anything
  • 55. 54 - Participate in events • Piggyback on someone else’s event instead of doing your own • Have booths at community events • Demonstrations, puzzles, fun activities
  • 56. 55 - Maximize your website • Do you have a donate button? • Can people sign up for your newsletter? • Do you have a wish list? • Is the site easy to read? • Can people tell what you actually do?
  • 57. 56 - Renegotiate with creditors • If you’re desperate and may have to close down, talk to creditors • Some may be willing to accept as little as 40-60 cents on the dollar • They know some money is better than no money
  • 58. 57 - Be creative! • This is the MOST important tip! • Know where you money is going, look at the things that cost the most • Find creative ways to lower or eliminate those costs
  • 59. Now You… • Questions? Thoughts? • Where are you spending money? • What can you get for free? • Where can you reduce spending? BRAINSTORM!
  • 60. Thank you for attending! For more information, visit our sites: • Logical Expressions, Inc: www.LogicalExpressions.com • NAPRP: www.NAPRP.com • Pet-related articles: www.pet-tails.com