No two nonprofits are the same. The people, goals, passions, and methods of each nonprofit are unique. In a $1.5 trillion industry, transparency has become increasingly difficult to gauge. What sets one nonprofit apart from another?
We recently came across this article from Donald Summers, the Director of Altruist Partners. The focus of Altruist Partners is to help nonprofits break free of traditional constraints and transform into high-performing, high-growth organizations. In the article, Summers discusses the fact that, in this day and age, it is becoming increasingly difficult to separate a “nonprofit performer from a pretender.” Further, he identifies 10 ways supporters should be closely and effectively examining nonprofits.
While this article is directed towards nonprofit supporters, the 10 areas which he speaks to in detail should serve as key internal discussion topics for nonprofits looking to evaluate their situation and potentially re-position themselves to further thrive.
Effective nonprofit governance requires consideration of these and many more areas, and the more nonprofits are talking about these topics, the more likely it is that they will realize increased goodwill within their community. As Summers says, clear answers to these tough questions will, “help the [nonprofit] sector achieve transparency, accountability, and high performance.” As a result, this becomes valuable information for both nonprofits and the communities they serve.
Semble is an expert financial services provider focused on helping nonprofits achieve the highest performance with the resources they possess. We are changing the way loans are secured in favor of our nonprofit borrowers, with our ultimate goal being to help nonprofits free up resources to positively impact the community. Our pledge to you is we will provide greater assurance that we can and will deliver significant value before you engage us. If you, or someone you know, is interested in learning more about the services we provide, give us a call at (877) 973-6253 or email us at firstname.lastname@example.org.