Face Friends Foundation ยท 8 hours ago
Volunteer: Earned Income Strategy
Face Friends Foundation is a nonprofit organization dedicated to empowering individuals with facial differences. They are seeking a business strategist to evaluate the feasibility and sustainability of potential earned income revenue streams to support their mission and ensure long-term financial stability.
Non-profit Organization Management
Responsibilities
Assess the viability of each income stream based on factors like market demand, competition, costs, scalability, and potential risks
Determine if the income streams are sustainable in the long term and if they align with the organization's values and capacity
Define specific financial goals for the earned income strategy, such as revenue targets or profit margins
Determine the pricing structure for products or services, considering market rates, value provided, costs, and target audience affordability
Ensure that the pricing strategy enables sustainability and covers all relevant costs, including production, marketing, overhead, and personnel
Qualification
Required
Experience in business strategy and analysis
Ability to evaluate feasibility and sustainability of revenue streams
Knowledge of market demand, competition, costs, scalability, and potential risks
Experience in defining financial goals and revenue targets
Ability to develop pricing strategies considering market rates, value provided, costs, and target audience affordability
Understanding of nonprofit financial management and sustainability
Ability to assess alignment of income streams with organizational values and capacity
Company
Face Friends Foundation
Face Friends Foundation Incorporated is a nonprofit federally recognized 501c3 charitable organization.
Funding
Current Stage
Early StageCompany data provided by crunchbase