WARDSBORO, Vt. – Nonprofit directors, staff, and board members from across southern Vermont are invited to attend “Financial Strategies for Strong Nonprofits,” a practical workshop focused on building stronger, more financially sustainable organizations in today’s changing funding landscape.
The workshop, held by Brattleboro Development Credit Corporation’s Southern Vermont Economy Project, will take place Thursday, Sept. 23, from 9 a.m. – 12:30 p.m., at Wardsboro Town Hall in Wardsboro, Vt. Find more information at www.brattleborodevelopment.com/event/np-financial-strategies.
The day begins with a series of engaging presentations covering the essentials of nonprofit financial sustainability, including writing a business plan for your nonprofit operation, building budgets, development strategies that account for true costs and diversify revenue, and aligning your mission and income streams for long-term organizational health. Whether you’re launching a new initiative, strengthening an existing organization, or exploring new organizational models, you’ll leave with new perspectives and tools you can bring back to your board.
Dani Delaini, assistant director and director of business acceleration at Brattleboro Development Credit Corporation (BDCC), will present “Building a Business Plan for Your Nonprofit,” with a focus on needs and market analysis, operational planning, partnerships, and organizational structures beyond the traditional 501(c)(3), including fiscal sponsorship, social enterprise models, cooperatives, and joint ventures.
Siobhan McDermott, of Strategic Management Consulting, will present “Funding for Sustainability: Budgets and Development Strategies.” McDermott will address how organizations can balance fundraising streams, develop budgets that account for the true costs of their work, and build more resilient development strategies.
Susan Still, board chair of Main Street Arts and a retired nonprofit consultant, will present “Aligning Income Streams and Mission: The Matrix,” a framework for evaluating programs through the dual lenses of mission impact and financial sustainability.
Following the presentations, participants will move into interactive, hands-on workshops to begin applying the concepts to their own organizations. Guided activities and peer discussion will help attendees develop strategies tailored to their needs and learn about resources and ongoing support available after the workshop.
The event is open to nonprofit directors, staff, and board members from across southern Vermont, and organizations are encouraged to send more than one participant.
The cost of registration includes coffee and a light breakfast. Organizations registering two or more participants pay a discounted rate using discount code TWOFER. An optional brown-bag lunch may also be ordered for pickup at the conclusion of the workshop.
Anyone for whom the registration fee would be a barrier may contact mstaloff@brattleborodevelopment.com for a scholarship code.