About

The best balance sheet in any organization is one that has multiple sources of revenue contributing to the total allocation of income. When there are diverse revenue streams, there is the promise of greater financial stability and strength, particularly during challenging economic times.

While the concept of revenue diversification may seem obvious to many, it is not always the top priority in organizations that are striving to balance the increased demand for services with the challenges of reduced available funding and capacity to do the work.

If you haven’t recently considered your organization’s current revenue allocation, No Margin, No Mission suggests you do so today by taking a few minutes to answer the simple questions below. You can also share these questions with others from your leadership team, staff, or Board if additional input is needed to provide you with accurate information.

Once you’ve completed the questions, we’ll tell you what your answers mean. So take a few minutes now to think about your organization’s current revenue

1. Does your organization currently receive more than 30-40% of total revenue from a single source?

___Yes

___No

2. Does your organization currently receive most or all of its funding from grants?

___Yes

___No

3. Has your organization lost substantial funding recently without identifying opportunities to replace it?

___Yes

___No

4. Does your organization have one or more products, programs, and/or services that are currently being given away for free, without generating any revenue? 

___Yes

___No

5. Does your organization have one or more products, programs, and/or services that are currently being sold, but not realizing their full potential?

___Yes

___No

6. Would your organization like to have more diversified sources of revenue?

___Yes

___No

7. Does your organization have an entrepreneurial culture?

___Yes

___No

HOW DID YOU DO?

If you answered “No” to all of the questions, we congratulate you on your organization’s diverse financial resources! If you answered “Yes” to one or more of these questions, we’d like to talk with you. There are a number of ways that we can help you diversify your organization’s revenue, so please take a few minutes to contact us today.

We can also help with a wide array of other planning, training, implementation, or speaking needs.

Here’s to growing the margin and mission of your organization…because your double bottom line matters!