Discussion post: 1 Earned income for nonprofit is very similar to earned income in for profit sector, it is usually income earned through providing services or selling a product to others. After deducting the cost of the product or services, the money that is earn through those activities is consider earned income. The major differences between a nonprofit and for profit is how that money is being used after, nonprofits would use the earned income they gain to fulfill their mission or cause. We all know that everything cost money and without money nonprofits would not be able to serve the people, with earn income nonprofits could buy more supplies, rent a place, buy a facility, employ better candidates, and more which will in return benefit the cause they serve. The Arc of Blair County that I am paired with this semester in my opinion needs to grow in size and capital, they are too small to organize seminars or make a bigger impact with what they have right now. They could leverage earned income to help them gather the capital they need to grow, they need more employees to make sure things are run correctly and smoothly, they need an event manager to plan and organize event and fundraisers, they need to upgrade their facility, they also need to advertise their service; everything I mentioned above and more needs money to become a reality and The Arc of Blair County can make it happen by implementing a earned income strategy. A potential earned income strategy that The Arc of Blair County can implement is something that they're already been doing, utilizing their cooking and art classes and start selling them to the public. They already have the facility and the ingrediencies, so they should take advantageof that.  

Discussion post: 2

During the webinar, we learned a lot about how nonprofits can maximize their impact by harnessing the power of earned income. This is something that we also talked a lot about in the previous class the first 8 weeks. Earned income is defined in the webinar by Kathleen Kelly Janus as "anything that is outside of the philanthropic bucket and think generally how you can get paid as an organization for the work you are doing either by through customer, your beneficiary, or by third parties who are invested in the success of your program". During this webinar, Kathleen Kelly Janus also mentions that depending on your beneficiaries it is much more difficult to find earned income sources, because some beneficiaries are not going to be able to afford to pay.

I think that earned income could be leveraged by Operation Our Town Inc. While earned income is not meant to fully sustain the organization but is a piece of the puzzle. Operation Our Town Inc. is a large organization in Blair County that would benefit by leveraging an earned income. By doing this, Operation Our Town would not only look to "take back our neighborhood" but also to make their neighborhood a better place overall.

A suggestion of a potential earned income strategy for Operation Our Town Inc. would to be to open a pizza shop within Blair County where the staff would mainly consist of adolescents of working age. This venture would be owned by Operation Our Town, used as an environment where employees can learn about responsibilities, accountability, leadership as well as learn more about owning and operating a business. While allowing the adolescents to gain and income as well and teach them how to manage money. Something that would be special about Operation Our Town Inc.'s pizza shop would be is that pizza that is left over from the day will be given to the homeless or to the homeless shelter. The money earned from this venture will be earned income for Operation Our Town Inc.

What are the two positive discussion responses for both discussions 1 & 2 post ?

Answer rating: 100% (QA)

Positive Discussion Responses for Both Posts Discussion 1 Strengths of Earned Income Strategy Expanding on the idea of selling cooking and art classes ... View the full answer