Jack's Journal - November 2021
The Nonprofit Sector’s Special Sauce
Jack Horak
Director of Nonprofit Education & Consulting
TANGO
The trainings consist of three live Zoom sessions of ninety minutes each based on the first eight chapters of our textbook, The Tango Nonprofit Method.
As I think back to the questions and discussions during these sessions, I suggest that perhaps the most poignant information provided to students is contained in a slide (reprinted below) that I developed to explain what I refer to as the “special sauce” that makes the nonprofit sector such an engaging and interesting sector place to be.
The special sauce is illustrated by the red and the green arrows on the slide. The red arrow demonstrates that nonprofits must be organized and operated to fulfill a public (charitable) purpose in the same manner as federal, state, and local governments operate for the benefit of the public; but, as the green arrow indicates, nonprofits are governed by the private citizens who populate their governing boards and are also the recipients of private money which must be used for the designated charitable (public) purpose. The special sauce is the conceptual basis for the tax benefits nonprofits enjoy – no income tax on any net income and the deductibility (to the donors) of the amounts they contribute.
If any readers are interested in learning more about the information on this slide, the course, or the textbook, please contact me at .
Maximizing Nonprofit Impact: Leveraging Salary Budgets for Talent Acquisition Success
Nonprofits should carefully evaluate their budget constraints and consider the advantages of collaborating with Talent Acquisition firms. Redirecting funds from vacant position salaries should align with the organization’s broader financial strategy and mission.
September 2023 – Founders Forum by Rollin Schuster
Fall is upon us. It is truly is one of my favorite times of year here in New England . With it always comes a significant increase in activity as we move toward the close of another year.
As TANGO Member’s you will see an acceleration in the number of workshops and webinars we are hosting. This includes two of our most popular events; TANGO’s HR Forum, slated to take place on October 5th.
CONTACT
TANGO
Jack Horak
Director of Nonprofit Education & Consulting
TANGO – The Alliance for Nonprofit Growth & Opportunity
135 South Road
Farmington, CT 06032
877-708-2646
tangoalliance.org