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|NLC Nonprofit Sustainability Initiative | 2017-18 Matrix Map Cohort|
MADE POSSIBLE BY GENEROUS SUPPORT FROM
While ongoing sustainability remains a challenge for many nonprofits, the solution lies not in a silver bullet answer to “solve” the challenge, but rather in creating a collective culture where stakeholders can come together with a shared understanding of the organization’s business model and make strategic decisions to deliver exceptional impact in a financially viable manner.
Thanks to a generous sponsorship by J.P. Morgan Chase, the Nonprofit Leadership Center has established the NLC Nonprofit Sustainability Initiative. We have contracted sustainability thought leader and author Steve Zimmerman of Spectrum Nonprofit Services to lead a limited cohort of 10 Hillsborough County nonprofits through a 6-month, experiential learning series to create an action plan to strengthen each nonprofit’s sustainability. They will be the 2017-2018 Matrix Map Cohort.
Through a series of in-person and virtual sessions with this nationally recognized expert, the 10 chosen leadership teams in the cohort will create a Matrix Map—a visual depiction of the nonprofit’s business model showing how each activity of the organization contributes to the overall impact and financial bottom line.
As a result of their participation in the Matrix Map Cohort program, these leaders will:
While virtual sessions will be recorded, each team is required to make a commitment to attend as many as possible in person at the NLC to build cohesion within the cohort. The process is intensive, and participants will receive support from each other as well as Steve Zimmerman and his team.
Sustainability doesn’t come easily!
Target Leadership Teams: Nonprofit organizations in Hillsborough County with a minimum level of financial reporting capacity. Organizations will be invited to apply. Ten (10) organizations will be chosen for this first cohort. Each organization will identify a team of up to 3 members who are either:
The remaining sessions are outlined below with date and agenda items. The virtually facilitated sessions are 1.5 hours long. Unless otherwise announced, all cohort meetings will take place at the Nonprofit Leadership Center.
COHORT FILES & VIDEOS
All slide decks, files, resources, and webinar recordings will be uploaded here for teams to reference and access.
Steven D. Zimmerman, CPA, MBA, is the Principal of Spectrum Nonprofit Services where he provides training and consulting in the areas of finance and strategy for community-based organizations, foundations and government agencies throughout the country.
Steve is co-author of two books on nonprofit sustainability published by Jossey-Bass: The Sustainability Mindset: Using the Matrix Map to Make Strategic Decisions with Jeanne Bell of CompassPoint published in 2014 and the best-selling book Nonprofit Sustainability: Making Strategic Decisions for Financial Viability with Jeanne Bell and Jan Masaoka of Blue Avocado published in 2010. The books highlight Spectrum’s integrated approach to nonprofits which balances mission impact and financial viability.
Steve also writes the Finance and Strategy column for Blue Avocado, an online magazine for nonprofits with 60,000 subscribers, and has also written for The Nonprofit Quarterly and BoardSource.
Prior to starting Spectrum, Steve was a Projects Director with CompassPoint Nonprofit Services, one of the nation’s leading nonprofit consulting, training and research providers. Steve’s extensive nonprofit experience includes serving as a Chief Financial Officer, Development Director and Associate Director at community-based nonprofits where he performed turnarounds resulting in increased financial sustainability and programmatic reach.