result of being organized to serve a broad public interest Some of the management challenges of the nonprofit enterprise
• Defining and measuring success ( economic stability and
growth is a subsidiary goal )
• Raising funds – cannot sell the company shares.
• Attracting and motivating people given the often limited
resources and the non distribution constraint ( no profit – based incentives) Nonprofits and profits
Nonprofit organizations are permitted to generate a profit
However, nonprofits may not distribute their profits to
their staff or directors –non distribution constraint
Surplus must be used to further the mission of the
organization Key issues that a non profit organization faces Mission and goals Fund raising and development Leadership and board members( employees and board members have the equal role in the development ) Data and measurement Succession Time keeping