How to Overcome a Nonprofit Growth Plateau

Elevate your nonprofit by overcoming growth hurdles.  

Most nonprofits want to continue to expand their organizations and make real changes. Smart organizations continually set goals to improve their work. However, it’s common for many nonprofit’s growth to plateau somewhere along the way. If you feel like your nonprofit has had stagnant success for some time, read on for what you can do about it.

The first step to overcoming the growth plateau is to identify the core issue behind it. This could be for several different reasons, including:

  • Lack of funds

If cash is the case, know that you can brainstorm ways to move forward. Evaluate your development strategy and focus your team on boosting fundraising. Explore other options to help your nonprofit reach those financial goals. For example, you could decide to develop a dedicated recurring giving program in order to maintain sustainable revenue.

  • Lack of infrastructure or staff

Is everyone in your nonprofit overstretched? If this is the issue, consider what a new teammate could do to make a difference. Although it takes time and finances to recruit the right person, the boost could mean that your nonprofit benefits from the time and effort. What’s more, the team morale may improve once there are delegations.

  • Lack of inspiration

Think back to why you started your nonprofit. Remind yourself of why you’re doing what you’re doing. One way to do this is to get your team together and revisit your mission and reignite your passion. Thinking of your nonprofit’s impact on the community and issue at large can help you to find new creations and solutions.

Whatever your nonprofit’s hurdle, ensure that it can survive the worst. Are you looking for more ways to protect your nonprofit? Contact the experts at Colorado Nonprofit Insurance Agency, part of HUB International in Denver, Colorado at 303-894-0298.