Your work is vital. We are raising funds to support it.
I volunteer for a nonprofit that is growing steadily. Budgeting is a challenge as we find it difficult to predict when in our growth trajectory we will outgrow our current systems.
Background: The nonprofit is almost entirely virtual (a Web-based community of members with webinars, teleseminars, group meetings, Web content, electronic newsletter, etc.) We do hold an annual Conference at a physical location.
Over the past three years (since March 2015) we’ve grown from ~500 members to 2,00 members.
We would really appreciate advice about preparing for our next evolutionary stage.
We're seeking rules of thumb and known predictors to help estimate budget needs based on use/growth (members/visitors per day) rather than specific systems. For example, a for-profit would spend ~18% revenue on average when it reaches a certain number of visitors per day.
Close this window