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Fiscal Strategies for
     Nonprofits
 How Community Groups Can
 Effectively Operate in Today’s
       Fiscal Environment
What are the top 2 challenges/
concerns facing your nonprofit?
NPCC’s member survey in Summer 2005 showed that
   83% had fundraising/funding as a top concern.

                  Top 10 Challenges Facing Members*
                                          83%
 1. Funding / Fundraising
 2. Board Development / Governance        21%
 3. Staffing                              17%
 4. Growth and Expansion                  14%
 5. Planning and Capacity Building        10%
 6. Marketing and PR                      8%
 7. Space / Facilities                    7%
 8. Membership Development / Retention    6%
 9. Program Improvement                   5%
 10. Political / Regulatory Environment   5%

                                                      * Each respondent was
                                                      asked to name two.
What goes around…

  Comes around
Seth Godin’s book,
Tribes, challenges the reader to
think about whether a small,
loyal group (think: funders) is
better than a large, diffuse
group.

What do you think?

Seth Godin is the bestselling author of ten
books, including The Purple Cow, and Small is
the New Big.

He writes about marketing, the spread of ideas
and managing both customers and employees
with respect. Frequently, he includes nonprofit
content.
                                                  First organization to join NPCC with
                                                  “Councilman Jackson” as the referral
-from his website sethgodin.com
                                                  will receive a copy of this book!
IS


BIGGER




BETTER?
Too many nonprofits?
                Also known as, your competition.
                     # of registered nonprofits with IRS
                     Nassau, 5,178     Suffolk, 3,978
                                                          Westchester, 4,
                                                               305
              Queens, 4,656
                                                             Bronx, 2,448
                 Staten
              Island, 933

                            Manhattan, 18,
                                747
                                                             Brooklyn, 9,34
                                                                   0

Total in NYC area:                                           Total in New York State:
49,585                                                       75,783
                                                        Source:
                                                        http://nccsdataweb.urban.org/tablewiz/form.php?st=NY
IRS approved 54,969
new 501(c)3 nonprofit
 applications in 2008
  across the nation.
I won’t even talk of the economy…
        (You’ve heard it all before)
So, what do we do?
First of all, make sure you file
   your Form 990 with the IRS!

Gross receipts                           File Form
≤ $25,000                                990-N
> $25,000 & < $1 million, &              990-EZ or 990
Total assets <$2.5 million
≥ $1 million or                          990
Total assets ≥ $2.5 million


                                For 2008 tax year.
                              Filed in 2009 or 2010.




                                                         Source: www.IRS.gov
About fundraising…
  Workshop on                    Fundraising is about
                            
  contracts                      relationships.
 NPCC’s GGIS
 Get the Board                  The deeper
                             
  involved                       connection to the
                                 donor, the greater the
 Individuals continue
                                 gifts from that donor.
  to be the greatest
  source of giving and
  opportunity. (GivingUSA)
More about fundraising
  Get 100% giving              Think about local
                          
  from Board                   – Businesses
 Ask your Board to            – Friends
  make your nonprofit          – Friends of friends
                                 (Facebook)
  one of their top 3 - 5
                               – Teachers
  giving priorities
                               – Parents
                               – Who else in
                                 neighborhood can
                                 become a friend?
Q: What’s better?

 Receiving a $5,000 grant
            or
Saving $5,000 in expenses?
Look into organizations like
      NPCC to help cut costs.
  Use NPCC discount           Spend less on
                         
  programs (see red           administrative costs
  folders)                    so more goes to
                              programs.
 Attend free
  workshops
  throughout NYC
  (listed at
  NPCC, Idealist, NYNP)
What about rising health care costs?
  NYS law prohibits association-type health plans

  – nonprofits should NOT want one.
 www.healthpass.com
 www.freelancersunion.org
 Look into employee leasing programs (Research
    Foundation at CUNY)
    TASC through American Corporate Benefits

    (www.Acbi.com) does offer a discount to NPCC
    members
Resources for Nonprofits
    Foundation Center

    http://www.foundationcenter.org

    Capacity Building database

    http://www.humaninteract.org/reports/pcbrdatabase.asp

    Chronicle of Philanthropy
                                        (NPCC discount!)
    http:///www.philanthropy.com

    BoardSource
                     (NPCC discount!)
    http://www.boardsource.org
Free Legal Resources
    Lawyers Alliance for New York

    www.lawyersalliance.org
    New York Lawyers for the Public Interest

    www.nylpi.org
    Pro Bono Partnership

    www.probonopartnership.org
Free Technology Resources
    www.grassroots.org

    – Free web design & hosting
    www.nycharities.org OR www.paypal.com for donations

    – Free online donation & event registrations
    www.facebook.com & www.twitter.com

    – Free Web tools to promote your nonprofit
    www.guidestar.org

    – Look up any nonprofits’ Form 990
    www.techsoup.org

    – Software of all kinds for huge discount
    www.salesforce.com (or www.salesforcefoundation.org)

    – Database; nonprofits can receive 10 free licenses
NPCC resources not in packets
    GGIS

    – Service that alerts you of city, state & Fed grant opportunities

    Who Does What? Database

    – Nonprofit technical assistance providers

  How to Read the Form 990

 Salary & Benefits Surveys (need NPCC membership to access)
 New York Times Company Nonprofit
  Excellence Awards
Questions?


                                              Craig Weinrich
                        Membership Outreach & IT Director
             Nonprofit Coordinating Committee of New York
                                     (212) 502-4191 ext. 30
                                      cweinrich@npccny.org
                                           www.npccny.org
                                          Twitter: weinrichc
Facebook: become a fan of Nonprofit Coordinating Committee
Thank you!


  (Join NPCC)

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Fiscal Strategies For Nonprofits

  • 1. Fiscal Strategies for Nonprofits How Community Groups Can Effectively Operate in Today’s Fiscal Environment
  • 2. What are the top 2 challenges/ concerns facing your nonprofit?
  • 3. NPCC’s member survey in Summer 2005 showed that 83% had fundraising/funding as a top concern. Top 10 Challenges Facing Members* 83% 1. Funding / Fundraising 2. Board Development / Governance 21% 3. Staffing 17% 4. Growth and Expansion 14% 5. Planning and Capacity Building 10% 6. Marketing and PR 8% 7. Space / Facilities 7% 8. Membership Development / Retention 6% 9. Program Improvement 5% 10. Political / Regulatory Environment 5% * Each respondent was asked to name two.
  • 4. What goes around… Comes around
  • 5. Seth Godin’s book, Tribes, challenges the reader to think about whether a small, loyal group (think: funders) is better than a large, diffuse group. What do you think? Seth Godin is the bestselling author of ten books, including The Purple Cow, and Small is the New Big. He writes about marketing, the spread of ideas and managing both customers and employees with respect. Frequently, he includes nonprofit content. First organization to join NPCC with “Councilman Jackson” as the referral -from his website sethgodin.com will receive a copy of this book!
  • 7. Too many nonprofits? Also known as, your competition. # of registered nonprofits with IRS Nassau, 5,178 Suffolk, 3,978 Westchester, 4, 305 Queens, 4,656 Bronx, 2,448 Staten Island, 933 Manhattan, 18, 747 Brooklyn, 9,34 0 Total in NYC area: Total in New York State: 49,585 75,783 Source: http://nccsdataweb.urban.org/tablewiz/form.php?st=NY
  • 8. IRS approved 54,969 new 501(c)3 nonprofit applications in 2008 across the nation.
  • 9. I won’t even talk of the economy… (You’ve heard it all before)
  • 10. So, what do we do?
  • 11. First of all, make sure you file your Form 990 with the IRS! Gross receipts File Form ≤ $25,000 990-N > $25,000 & < $1 million, & 990-EZ or 990 Total assets <$2.5 million ≥ $1 million or 990 Total assets ≥ $2.5 million For 2008 tax year. Filed in 2009 or 2010. Source: www.IRS.gov
  • 12. About fundraising… Workshop on Fundraising is about   contracts relationships.  NPCC’s GGIS  Get the Board The deeper  involved connection to the donor, the greater the  Individuals continue gifts from that donor. to be the greatest source of giving and opportunity. (GivingUSA)
  • 13. More about fundraising Get 100% giving Think about local   from Board – Businesses  Ask your Board to – Friends make your nonprofit – Friends of friends (Facebook) one of their top 3 - 5 – Teachers giving priorities – Parents – Who else in neighborhood can become a friend?
  • 14. Q: What’s better? Receiving a $5,000 grant or Saving $5,000 in expenses?
  • 15. Look into organizations like NPCC to help cut costs. Use NPCC discount Spend less on   programs (see red administrative costs folders) so more goes to programs.  Attend free workshops throughout NYC (listed at NPCC, Idealist, NYNP)
  • 16. What about rising health care costs? NYS law prohibits association-type health plans  – nonprofits should NOT want one.  www.healthpass.com  www.freelancersunion.org  Look into employee leasing programs (Research Foundation at CUNY) TASC through American Corporate Benefits  (www.Acbi.com) does offer a discount to NPCC members
  • 17. Resources for Nonprofits Foundation Center  http://www.foundationcenter.org Capacity Building database  http://www.humaninteract.org/reports/pcbrdatabase.asp Chronicle of Philanthropy  (NPCC discount!) http:///www.philanthropy.com BoardSource  (NPCC discount!) http://www.boardsource.org
  • 18. Free Legal Resources Lawyers Alliance for New York  www.lawyersalliance.org New York Lawyers for the Public Interest  www.nylpi.org Pro Bono Partnership  www.probonopartnership.org
  • 19. Free Technology Resources www.grassroots.org  – Free web design & hosting www.nycharities.org OR www.paypal.com for donations  – Free online donation & event registrations www.facebook.com & www.twitter.com  – Free Web tools to promote your nonprofit www.guidestar.org  – Look up any nonprofits’ Form 990 www.techsoup.org  – Software of all kinds for huge discount www.salesforce.com (or www.salesforcefoundation.org)  – Database; nonprofits can receive 10 free licenses
  • 20. NPCC resources not in packets GGIS  – Service that alerts you of city, state & Fed grant opportunities Who Does What? Database  – Nonprofit technical assistance providers How to Read the Form 990   Salary & Benefits Surveys (need NPCC membership to access)  New York Times Company Nonprofit Excellence Awards
  • 21. Questions? Craig Weinrich Membership Outreach & IT Director Nonprofit Coordinating Committee of New York (212) 502-4191 ext. 30 cweinrich@npccny.org www.npccny.org Twitter: weinrichc Facebook: become a fan of Nonprofit Coordinating Committee
  • 22. Thank you! (Join NPCC)