🔗 Resources & Links: 📌 Grab the Budget Worksheet & Finance Primer → Here 📌 Explore more growth-focused tools at BernadetteMack.com 📌 Subscribe to the podcast → Apple Podcasts 📌 Connect on LinkedIn & follow the LeaderShift newsletter The name of this podcast might raise eyebrows—but that’s exactly why we need to talk about it. In this episode, we’re diving into why the term “nonprofit” does NOT mean “no money” and how this common misconception is holding organizations back. Bernadette breaks down the real meaning of nonprofit status, explains the dangers of the scarcity mindset, and makes the case for why profitable nonprofits are not only possible—but essential. If you’ve ever felt guilty about budgeting for a surplus, hiring more staff, or investing in growth, this one’s for you. In This Episode, You’ll Learn: ✅ The truth about what “nonprofit” means (spoiler: it’s a tax status, not a business model!) ✅ How a scarcity mindset damages your organization’s mission, morale, and impact ✅ Why having money in the bank is not a bad thing—and can even be strategic ✅ The financial mindsets nonprofit boards must shift to truly support growth ✅ What “profitable” really means for nonprofit leaders and their teams Key Takeaways: 🔹 Nonprofits are not supposed to struggle. They’re supposed to make an impact. 🔹 Operating in a scarcity mindset leads to burnout, underfunding, and missed opportunities. 🔹 Surplus budgets and strategic spending are part of being a healthy, mission-driven org. 🔹 Your mission deserves more money—and the people doing the work deserve fair pay. 🔹 A “profitable” nonprofit is one that invests wisely, grows intentionally, and scales its impact. 💡 Challenge for This Week: Take a hard look at your current budget. Are you budgeting to simply survive—or to grow? What would change if you shifted to a surplus or strategic investment mindset? DM Bernadette or leave a voicemail at (914) 297-7692. 🎧 Loved this episode? Don’t forget to subscribe, rate, and review so other nonprofit leaders can find us!