All nonprofits' main goal is to contribute to their mission as much as possible—we know that is a no brainer. One of the largest roadblocks is operating costs. It costs money to run any type of business, and this is a challenge for nonprofits nationwide. On top of the stress of keeping your organization going and donating as much as possible, you also have to also consider your charity score.
Keeping operating costs low is the best way to ensure you receive a high charity score. Easier said than done right? As a cooperative purchasing organization, OMNIA Partners wants to help you navigate purchasing in a way that will bring value to your nonprofit in the form of savings and access to contracts.
Keep reading to take a closer look at operational costs and how a cooperative can help monitor and manage your expenses.
Types of Expenses
These are the expenses that come from providing your mission, whether that be a good or service.
Administrative expenses are the costs associated with your nonprofit's overall operations. These are things like office management, HR, and legal services.
Fundraising expenses include publicity and campaign costs as well as events and any other activity that includes solicitation of contributions.
Cooperative Purchasing Strategy
Cooperative purchasing gives you immediate access to the goods and services you need at contracted pricing. You can browse our portfolio and select the supplier services that best fit your needs. We want to help you help others by efficiently running your nonprofit in a way that allows you to give back as much as you can. We don’t want you to worry about operating expenses.
Beyond savings, OMNIA Partners helps your team manage purchasing by streamlining the process. You may not have a dedicated purchasing professional, but our team includes subject matter experts in multiple categories as well as seasoned procurement professionals that can walk you through the process.
You leverage the buying power of thousands of organizations nationwide for free. The lead agency cooperative contracting process is the foundation of OMNIA Partners and sets us apart from other cooperatives.
In order for even the most restrictive agencies nationwide to realize the best value offered by cooperative purchasing‚ OMNIA Partners ensures that industry best practices‚ processes and procedures are applied.
Ready to learn more? Contact us today!