Nonprofit Earned-Income Ventures Aren’t Rockets: Another Launchpad Failure

ImpactUs looks to have had a lot going for it but its failure is a reminder that many nonprofit earned-income ventures (“NEIVs”)—organizations launched with a big dollop of philanthropy but then expected to “make it” on earned income—are not approached in a way that maximizes the odds of success. In Nonprofit Earned-Income Ventures Aren’t Rockets: Another Launchpad Failure we try to explain why.