It takes a lot to run a successful nonprofit. Being dedicated to the cause, willingness to work long hours, available to talk to anyone and everyone about your objectives on an endless quest for networking opportunities; and having a creative approach to fundraising and resource management are just a few of the fundamental skills necessary to keeping a non-profit running efficiently.
There seems to be a misconception out there that nonprofits should only spend a tiny sliver of their overall budget on overhead costs like administrative staff or technological infrastructure.
According to a recent post from Techsoup, this myth limits nonprofits can accomplish and their ability to grow. Many experts believe the opposite is actually true, claiming nonprofits that invest in themselves stand a better chance at improving and expanding.
It can be a tricky concept, but Techsoup’s post does a great job analyzing the intricacies of overhead spending and arguing that nonprofits should feel comfortable using more of their budget on things like staff, fundraising, and infrastructure.