Most Nonprofits Don’t Have a Funding Problem — They Have a Readiness Problem
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Ouch. Yes, we said it.
In this eye-opening episode of The Sharvette Mitchell Radio Show, Sharvette sits down with nationally recognized nonprofit strategist Dr. Sharon R. Elefant, Founder & CEO of The Nonprofit Plug LLC and The Nonprofit Plug Foundation Inc.
🎧 In This Episode, We Discuss:
- The #1 sign your nonprofit is NOT ready for funding
- Why many founders miss out on major gifts (even million-dollar opportunities)
- What funders are really looking for before they invest
- The difference between grants, sponsorships, major donors & earned income
- How nonprofit founders can legally pay themselves
- Practical steps to raise unrestricted revenue immediately
🔑 What “Readiness” Really Means
Dr. Sharon breaks down nonprofit capacity beyond just staffing:
- Financial systems & accounting
- Clear budgets & program cost breakdowns
- Defined impact metrics
- Professional infrastructure (website, business email, phone)
- Revenue strategy beyond just grants
- Leadership sustainability
💰 Revenue Streams Explained
Dr. Sharon clarifies the distinctions between:
Grants – Competitive, restricted, reporting-heavy
Major Donors – Relationship-based, flexible, powerful
Sponsorships – Marketing-aligned partnerships
Earned Income – Charging for services to sustain impact
BIO: Dr. Sharon R. Elefant is a nationally recognized nonprofit strategist, educator, and community advocate, serving as the Founder and CEO of The Nonprofit Plug LLC and The Nonprofit Plug Foundation Inc. With over a decade of experience in nonprofit leadership, compliance, financial management, grant writing, and capacity building, she has supported the formation and sustainability of hundreds of nonprofit organizations across the country. Dr. Sharon has helped nonprofits collectively secure over $15 million in funding, manage millions in assets, and transition founders into paid executive leadership roles.
www.thenonprofitplug.com
https://www.facebook.com/thenonprofitplug/
https://www.instagram.com/thenonprofitplug/
Sponsor
This episode is sponsored by Mitchell Productions and the 90-Day Marketing Plan. Marketing isn’t just for for-profits — it applies to nonprofits, ministries, and mission-
The Sharvette Mitchell Radio Show | www.Sharvette.com
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