Financial sustainability is the ability of an organization to be resilient in the face of economic and financial stress. At Reimar, we believe that financial sustainability is the responsibility of every nonprofit and charity. Ensuring the continuity of programs and services is essential to delivering on mission and vision.
For many organizations, financial independence is a challenge. Most organizations are reliant on 1-2 funders that often represent 60% or more of their overall funding. The economic reality is that government funding is uncertain, and the nature of donations and foundational giving changing. Many social enterprises do not survive, and of those that do, too few scale successfully.
The average social enterprise in Canada, has over $1.1M in sales. How does your organization compare? Call us to find out how to grow.