Description

Are your nonprofit’s programs financially viable? 

Are they delivering the desired outcomes? 

Is it even possible to find a balance?

Sometimes it feels like nonprofit leaders are jugglers, trying to keep multiple balls in the air at the same time. The truth is, they often are. Juggling the financial viability of programs while also striving for impactful outcomes can be a challenging balancing act. This challenge is amplified by the pressure to serve as many as possible while also ensuring the programs align with the organization's unique value.

In this episode of THRIVERS, Tucker and Sarah unpack the complexities involved in managing financial viability and program outcomes. Drawing from their recent work with United Way, they discuss the development and use of a program evaluation matrix that helps in this assessment.

Throughout the conversation, they touch on several key considerations for nonprofit leaders:

• Why balance doesn't come from increasing efficiency but rather from reducing responsibility, inspired by Adam Grant's insights
• The significance of saying "no" and how it doesn't always have to mean discontinuation but rather redirection and conscious choice
• Understanding your organization's unique value and focusing on areas where you can make the most impact
• The importance of not overestimating what others understand and making the implicit explicit
• How third-party facilitators can help guide these difficult conversations

Tune in for an engaging discussion on navigating financial viability, delivering program outcomes, and the discipline needed for making conscious choices in the next normal of nonprofit leadership.

Episode Resources:
Impact <-> Viability Framework
Template Program & Revenue Data

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