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How Nonprofit Crowdfunding Works

Published by Salvador Briggman. Find him on Twitter.

Do you want to hear a crazy statistic?

The Nonprofit Finance Fund’s annual survey asks nonprofits in the US about their financial health.

Of the 4,749 respondents in 2015, 24% ended 2014 with an operating deficit and only 29% broke even.

Only 52% of respondents to the survey by NFF stated that federal payments were received on schedule.

In all of these cases, the main way that nonprofits managed this deficit was by using reserves or a line of credit.

We all know it… there is a funding gap. It’s a big problem.

So, what can you do?

Today, I’m going to show you how you can use crowdfunding to close this gap and raise money for your nonprofit organization.

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Take a second to leave a comment down below and let me know what your #1 takeaway was from this video and what you’re going to do about it!

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